To complete this assignment, you need to watch an episode of the TV show The Profit. The show airs on NBC. The episode title is A. Stein Meat Market. This show has been available for free on the CNBC website. If it is no longer available for free, you may incur a $2 charge to buy it on Apple TV. If you have a concern with the fee, please see me. 1. Provide background information on the company, you should include at least the following: a. Revenue and growth b. Profit Margins c. Number of Employees d. Product Quality e. Ownership 2. What is operating leverage? Why is it important? Discuss the company’s operating leverage (provided at the beginning of the episode). 3. How much inventory does the company carry? What are their daily sales? What is inventory turnover? What is your opinion of their inventory turnover? 4. What is the company’s total accounts receivable? How much is current and past due? a. What is aging of accounts receivable? Why is it important? b. What did you learn about chasing accounts receivables? c. Why does Frank need an authorization for a Purchase Order? 5. How much does the company claim it has in Accounts Payable? How much is late and current? 6. Why does Marcus want to match Account Receivables and Payables? 7. Compare the auditor findings to what Marcus was told. Would you do this deal? 8. Using A. Stein, discuss how a company can have great sales and go bankrupt.