Fill out the spreadsheet with the CORRECT calculations and answer the following questions for the Boston Physicians Devices case.

a. Evaluate and EXPLAIN the financial performance of BPD for the period 2008-2010 with the aid of: (i) Sources and Uses Statements, and (ii) Ratio Analysis.

b. Forecast BPD's balance sheets and income statements for the years 2011, and 2012 and estimate BPD's financing needs for each of 2011, 2012.

c. Based on your estimates of BPD's forecasted funding needs, how should John Gruber evaluate BPD's funding options?

oments 2009-10 Income STATEMENT (5000) 2009 2008 2009 Income Tax Net carnings 3.2 4,96 BALANCE SHCCT (90001 Current portion of long- Long-term dett al Gurrent abilities Total Labilities Net worth Net worth Total liabilities and net worth Total liabilities and net worth Sources 08-'09 09-'10 IBL/TA Dec. Cash Inc. Notes Payable - Bank Inc. AP Inc. Acc. Exp. Inc. NW Total Sources Uses Inc. Cash Inc. AR Inc. Invt. Inc. NFA Dec. LTD Total Uses ROE ROIC GM NM CP (days) IP (days) DSC(days) PP (days) IBL/TA (R&D+S,G,A) to sales oments 2009-10 Income STATEMENT (5000) 2009 2008 2009 Income Tax Net carnings 3.2 4,96 BALANCE SHCCT (90001 Current portion of long- Long-term dett al Gurrent abilities Total Labilities Net worth Net worth Total liabilities and net worth Total liabilities and net worth Sources 08-'09 09-'10 IBL/TA Dec. Cash Inc. Notes Payable - Bank Inc. AP Inc. Acc. Exp. Inc. NW Total Sources Uses Inc. Cash Inc. AR Inc. Invt. Inc. NFA Dec. LTD Total Uses ROE ROIC GM NM CP (days) IP (days) DSC(days) PP (days) IBL/TA (R&D+S,G,A) to sales