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.
The formatting of the memo is not as critical as is the analysis and discussion.