Revenue ($) Feb May 11,230 18,290 Company Jan Mar Apr Jun Blue Sky Media Innovate Technologies Timmler Company Accelerate, Inc. Allen and Davis, LLC 11,555 19,580 7,023 23,450 6,780 20,185 8,995 18,250 9,285 16,870 7,650 27,580 6,420 16,850 9,530 17,260 6,540 22,500 7,520 18,950 13,600 16,250 8,480 28,325 5,700 4,930 19,800 20,800 4,580 8,370 17,520 10,100 18,580 Smith Ventures 17,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

The following table shows monthly revenue for six different web development companies.

a. Use Excel to create sparklines for sales at each company.
b. Which companies have generally decreasing revenues over the six months? Which
company has exhibited the most consistent growth over the six months? Which companies
have revenues that are both increasing and decreasing over the six months?
c. Use Excel to create a heat map for the revenue of the six companies. Do you find the
heat map or the sparklines to be better at communicating the trend of revenues over
the six months for each company? Why?

Revenue ($)
Feb
May
11,230
18,290
Company
Jan
Mar
Apr
Jun
Blue Sky Media
Innovate Technologies
Timmler Company
Accelerate, Inc.
Allen and Davis, LLC
11,555
19,580
7,023
23,450
6,780
20,185
8,995
18,250
9,285
16,870
7,650
27,580
6,420
16,850
9,530
17,260
6,540
22,500
7,520
18,950
13,600
16,250
8,480
28,325
5,700
4,930
19,800
20,800
4,580
8,370
17,520
10,100
18,580
Smith Ventures
17,500
Transcribed Image Text:Revenue ($) Feb May 11,230 18,290 Company Jan Mar Apr Jun Blue Sky Media Innovate Technologies Timmler Company Accelerate, Inc. Allen and Davis, LLC 11,555 19,580 7,023 23,450 6,780 20,185 8,995 18,250 9,285 16,870 7,650 27,580 6,420 16,850 9,530 17,260 6,540 22,500 7,520 18,950 13,600 16,250 8,480 28,325 5,700 4,930 19,800 20,800 4,580 8,370 17,520 10,100 18,580 Smith Ventures 17,500
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 6 images

Blurred answer
Knowledge Booster
Financial Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education