TRAVEL COMPANY
The data in this case come from the financial reports of Priceline.com.*

Required
a. 1. Compute the current ratio for 2010 and 2009. Comment.

2. Compute the debt ratio for 2010 and 2009. Comment.

3. Total revenues - Prepare a horizontal common-size - use 2008 as the base. Comment.

4. Gross profit - Prepare a horizontal common-size - use 2008 as the base. Comment.

5. Net income - Prepare a horizontal common-size - use 2008 as the base. Comment.

6. Per diluted common share - Prepare a horizontal common-size - use 2008 as the base. Comment.

7. Net cash provided by operating activities - Prepare a horizontal common-size - use 2008 as the base. Comment.

b. Give an overall comment.