Using the financial statement schedules, the ratio analysis, and the dupont identity schedule that you complete based on the subsequent information, summarize your findings regarding the financial position of S&S Air, Inc. with the following considerations as guidance.

a. Guideline: 1 page summary. Can include short paragraphs addressing key areas.

b. Overall, what is the assessment and financial position of the business.

c. Highlight any key areas that have particular interest or insights. These comments might include any trends or industry comparisons that might be concerning, might demonstrate best practices, or might signify an opportunity.

S\&S Air, Inc. was founded 10 years ago by friends Mark Sexton and Todd Story. The company has manufactured and sold light airplanes over this period, and the company's products have received high reviews for safety and reliability. The company has a niche market in that it sells primarily to individuals who own and fly their own airplanes. The company has two models; the Birdie, which sells for $103,000, and the Eagle, which sells for $178,000. Although the company manufactures aircraft, its operations are different from commercial aircraft companies. S\&S Air builds aircraft to order. By using prefabricated parts, the company can complete the manufacture of an airplane in only 5 weeks. The company also receives a deposit on each order, as well as another partial payment before the order is complete. In contrast, a commercial airplane may take 121 to 2 years to complete once the order is placed. ANALYSIS REQUIREMENTS Mark and Todd have provided the following financial statements for their company. They have asked you to complete a financial analysis and subsequent report that provides them an assessment of their current financial situation, including a discussion of any issues or opportunities identified through the analysis. S\&S Air, Inc. was founded 10 years ago by friends Mark Sexton and Todd Story. The company has manufactured and sold light airplanes over this period, and the company's products have received high reviews for safety and reliability. The company has a niche market in that it sells primarily to individuals who own and fly their own airplanes. The company has two models; the Birdie, which sells for $103,000, and the Eagle, which sells for $178,000. Although the company manufactures aircraft, its operations are different from commercial aircraft companies. S\&S Air builds aircraft to order. By using prefabricated parts, the company can complete the manufacture of an airplane in only 5 weeks. The company also receives a deposit on each order, as well as another partial payment before the order is complete. In contrast, a commercial airplane may take 121 to 2 years to complete once the order is placed. ANALYSIS REQUIREMENTS Mark and Todd have provided the following financial statements for their company. They have asked you to complete a financial analysis and subsequent report that provides them an assessment of their current financial situation, including a discussion of any issues or opportunities identified through the analysis