Question: Start with the partial model in the file Ch03 P15 Build a Model.xlsx from the textbooks Web site. Joshua & White (J&W) Technologys financial statements

Start with the partial model in the file Ch03 P15 Build a Model.xlsx from the textbooks Web site. Joshua & White (J&W) Technologys financial statements are also shown here. Answer the following questions. (Note: Industry average ratios are provided in Ch03 P15 Build a Model.xlsx.)

a. Has J&Ws liquidity position improved or worsened? Explain.

b. Has J&Ws ability to manage its assets improved or worsened? Explain.

c. How has J&Ws profitability changed during the last year?

d. Perform an extended DuPont analysis for J&W for 2015 and 2016. What do these results tell you?

e. Perform a common size analysis. What has happened to the composition (that is, percentage in each category) of assets and liabilities?

f. Perform a percentage change analysis. What does this tell you about the change in profitability and asset utilization?

Joshua & White Technology: December 31 Balance Sheets (Thousands of Dollars)

Start with the partial model in the file Ch03 P15 Build a

Joshua & White Technology: Income Statements for Years Ending December 31 (Thousands of Dollars)

Model.xlsx from the textbooks Web site. Joshua & White (J&W) Technologys financial

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