Now, please work on the following tasks.

Read CWUF case. While the income statement and balance sheet are essential, please read the whole contents to find more information for better analysis!

(1) Calculate financial ratios on the worksheet. You can find formulas in your textbook! Do not worry too much about miscalculation, ok? Your challenge is indeed important!

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(2) Give your opinions and strategic suggestions based on financial ratios of liquidity, leverage, activity, and profitability of CWUF. When you found some problems, please explain the problems and make suggestions to improve the situation. As this is the major part of this assignment, try to do this part as much as possible. This part is more important than the calculations of the ratios!!!

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