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Scrutinize the financial information for Huffman Trucking, in the Virtual Organization web link situated on the course materials page. Read the New Strategic Directions Memo. Compute external funds required (EFN) to make the pro forma balance sheet. Compute the given year-end ratios for the pro forma statements:

a) Profit as a percentage of sales

b) Current ratio

c) Asset ratio

Make a 500 word financial report for the CEO having the EFN calculation, the ratio calculations and a description of how you reached the computations. Describe which income statement and balance sheet items you supposed were variable rather than fixed.

Format your paper consistent with the APA rule.

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