There is a new book with the same figures for this income statement, so the only thing that is off is the years. 2008 is 2011, 2009 is 2012 and so forth.

Table 3.1 in Chapter 3 presents financial statements over the period of 2011 through 2014 for R&E Supplies, Inc.

Use the statements to calculate as many of the ratios in table 2.2 as you can.

What insights do these ratios provide about R&Es Financial performance? What problems, if any does the company appear to have?