Part 1: Please complete the following for your chosen firm in an Excel spreadsheet:

1.Horizontal and vertical analysis of the Income Statements for the past three years (all yearly balances set as a percentage of total revenues for that year).

2.Horizontal and vertical analysis of the Balance Sheets for the past three years (all yearly balances set as a percentage of total assets for that year).

3.Ratio analysis (eight ratios of your choosing) for the past three years PLUS a measurement for the creditworthiness of your firm as measured by Altman's Z-score.

Part 2: The Paper:

5-6 pages in length.

Include a proper introduction and conclusion.

Your paper should provide your reader with an overall understanding of the financial health of your chosen firm including the following:

Discussion of the ratio analysis results, including rationale for the ratios chosen.

Discussion of all horizontal and vertical analysis.

Discussion of four items from the management discussion of the firm that support the conclusion formed in your discussion of the financial results.