Given the following balance sheet, income statement, historical ratios and industry averages, calculate the Pulp, Paper, and Paperboard, Inc. financial ratios for the most recent year. Analyze its overall financial situation for the most recent year. Analyze its overall financial situation from both a cross-sectional and time-series viewpoint. Break your analysis into an evaluation of the firm's liquidity, activity, debt, and profitability. Q1. Calculate the firm’s 2005 financial ratios, and then fill in the preceding table. (Assume a 365-day year.)
Q2. Analyze the firm’s current financial position from both a cross-sectional and a time-series viewpoint. Break your analysis into evaluations of the firm’s liquidity, activity, debt, profitability, and market.
Q3. Summarize the firm’s overall financial position on the basis of your findings in part b. Q4. What ethical issues could confront a financial manger?