The financial statements for Maple Leaf Foods Inc. may be found on the company's website or at www.sedar.com.
(a) Calculate the liquidity and coverage (solvency) ratios identified in Appendix 5A for both years that are presented in the financial statements.
(b) Comment on the company's financial flexibility.
(c) Review the cash flow patterns on the statements of cash flows and comment on where the company is getting its cash from and where it is spending it.
(d) Perform a "horizontal analysis" for working capital. How has this result changed from year to year and what are the implications for the company's financial health?