• Sorry, I was away from my computer when you asked for the income statement. Here's the actual pictures. Didnt realize I uploaded the wrong information
• QUESTIONS
• 1) Using the financial statements provided for S&S Air, calculate each of the following ratios:
• Current ratio
• Quick Ratio
• Cash Ratio
• Total Asset Turnover
• Inventory Turnover
• Receivables Turnover
• Total Debt Ratio
• Debt/Equity
• Times Interest Earned
• Cash Coverage
• Profit Margin
• Return on Assets (ROA)
• ReturnonEquity(ROE)

• 2) Mark and Todd agree that a ratio analysis can provide a measure of the company?s performance. They have chosen Boeing as an aspirant company. Would you choose Boeing as an aspirant company? Why or why not? There are other aircraft manufacturers S&S Air could use as aspirant companies. Discuss whether it is appropriate to use any of the following companies: Bombardier, Embraer, Cirrus Design Corporation, and Cessna Aircraft Company.
• 3) Compare the performance of S&S Air to the industry. For each ratio, comment on why it might be viewed as positive or negative relative to the industry.

Thanks .What about what you promised tip of $50?bro please or any amount? Thanks .What about what you promised tip of $50?bro please or any amount