TEEBOK COMPANY CASE STUDY (75 marks) Teebok Co. is an Irish sportswear manufacturer. It has recently seen a decline in profitability owing to Covid 19. As a result, Teebok is faced with having to suspend its operations immediately unless it can find alternative markets to ensure the business can remain operational. The window to implement a new plan is very tight. Luckily, the production and sales directors had already assembled a team to devise a plan, referred to as 'Go Online,' to diversify the business away from its reliance on the direct retail market. While much of the outline of Go Online is ready, it still requires input from the finance department. Although the team had intended to present Go Online at a strategy conference planned for later this year, events have now overtaken them and an emergency meeting of Teebok's senior management team has been called for next week. The principle agenda items are an assessment of the current level of stress on the firm's liquidity and a discussion of the proposed Go Online which, it is hoped, can go into production quickly. To assist with these discussions, you are required to prepare a financial report package for the meeting regarding Teebok's current liquidity condition and the expected financial implications of the Go Online proposal under consideration. Your report package must include the following: 1. Trading, profit and loss account and balance sheet 31st March 2022 (20 m) 2. Forecast trading profit and loss for the six months ended 30th September 2022, in contribution form. (20 m) 3. Cash forecast for the six months ended 30th September 2022. (20 m) 4. Evaluation of Teebok's liquidity position and recommendations to improve it. (15 m)