- In your textbook, Fundamentals of Corporate Finance, complete:
- Problems 13 and 14 on page 85, preparing common-size balance sheets and common-base year balance sheets for Just Dew It. You should use an Excel spreadsheet (a template is available on the textbook website) to complete this assignment.
- The requirements of the Mini-case â€œRatio Analysis at S & S Air, Inc.â€ on pages 88 and 89
- Write a one-page Word memo to the CEO of S & S Air, Inc. addressing Question 3 of the Mini-case, comparing the performance of S & S Air to the industry, commenting on why S & Sâ€™s ratios might be viewed as positive or negative relative to the industry, with brief commentary. (Exclude the second half of the question regarding the creation of another inventory ratio.)
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