LAMAR SWIMWEAR $($Page $91).$ Comprehensive Problem $1$ of chapter $3.$

Please include:$($Trend analysis

and industry

comparisons$)$

$($LO$3-4)$

Bob Adkins has recently been approached by his first cousin, Ed Lamar, with a pro.

posal to buy a $15$ percent interest in Lamar Swimwear. The firm manufactures styish

bathing suits and sunscreen products.

Mr$.$ Lamar is quick to point out the increase in sales that has taken place over the

last three years, as indicated in the income statement, Exhibit $1.$ The annual growth

$1.$ A chart of the financial ratios compared to the industry

$2.$ A $3-5$ short paragraph discussion on the ratios compared to the industry, but more importantly how the company is doing based on the ratios $($you should discuss all categories, profitability, assets, liquidity, and debt.