Prepare a performance report on Barry Computer Company. (Problem 4-23 on pages 140-141 of the course text provides a balance sheet and an income statement for the company.)
- Prepare your performance report to show calculations for the 14 ratios listed on page 141, as well as a comparison of your computed ratios with the listed industry averages.
- Write a short memo to your supervisor explaining your findings and your recommendations for improvement.
- Suggest some ways in which the company can plan to improve below industry average ratio performance.
- Explain why your recommendations would be effective.
- Be sure to list your computations in an appendix to your report.
General Guidance on Application Length:
The memo portion of this assignment will typically be 2 pages in length as a general expectation/estimate. You can show your calculations of financial ratios in a supplemental appendix to your memo.