Prepare a performance report on Barry Computer Company. (Problem 4-23 on pages 140-141 of the course text provides a balance sheet and an income statement for the company.)

• Prepare your performance report to show calculations for the 14 ratios listed on page 141, as well as a comparison of your computed ratios with the listed industry averages.
• Write a short memo to your supervisor explaining your findings and your recommendations for improvement.
• Suggest some ways in which the company can plan to improve below industry average ratio performance.
• Explain why your recommendations would be effective.
• Be sure to list your computations in an appendix to your report.