Question: It is important to be able to understand and build financial statements. These skills are essential to effective business planning. This assignment is designed to

It is important to be able to understand and build financial statements. These skills are essential to effective business planning. This assignment is designed to help cultivate these skills. The first part aims to enhance understanding of financial statements by building ratio analysis and interpretation abilities. The second part seeks to grow statement construction and forecasting abilities by asking you to use the information provided to create financial statements. Instructions: Part A (25 marks) Please find attached a multi-year Income Statement (Appendix A1) and multi-year Balance Sheet (Appendix A2) for Canadian Motorbikes. This company is a (fictional) motorcycle manufacturer that brought on a new CEO in 2012. You work for an investment company that is considering investing in the motorcycle company - and, if the investment is made, whether or not to retain the CEO. You are part of a team that is evaluating the performance of the company. Your job is to calculate a

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