This case invites you to evaluate a firm's short-term credit risk and proximity to being in financial distress, and internalize the primacy of cash and cash flow in such situations. At the top of the ocean, you'll need to critically appraise the motives, decisions and actions of the key players. Down in the krill, you'll need to digest the information and create forecasted income statements, balance sheets, and cash flow forecasts. Balance all perspectives well, think both quantitatively and qualitatively, and good luck