industry averages

Strong Tie Ltd. Homework Questions

1) Prepare the following financial exhibits for 2006, 2007, and 2008:

 Ratio table with industry averages

 Vertical analysis of income statements and balance sheet

 Analysis of ROE  Cash flow statements (2007 and 2008 only)

All calculations should be done using year-end numbers (not averages).

2) Prepare at 2 page (minimum) memo for Mr. Johnstone. The memo should be divided into sections describing liquidity, asset management, long-term debt paying ability, profitability, and recommendations.

industry averages