Access the 2010 annual report for Carmike Cinemas, Inc. by clicking on the SEC Filings link at www.carmikeinvestors.com.
Required
a. Perform horizontal and vertical analyses on the major subtotals from the company's balance sheet.
b. Calculate current and debt to assets ratios for the most recent two years.
c. Examine the amount of interest expense reported by the company on its income statement.
d. What conclusions can you make about the current health of the company? Would it surprise you that in the last ten years the company entered into and emerged from bankruptcy protection?