The data in this case come from the financial reports of Priceline.com*

*€˜€˜We are a leading global online travel company that offers our customers a broad range of travel services, including hotel rooms, car rentals, airline tickets, vacation packages, cruises and destination services.€™€™ 10-K

PRICELINE.COM INCORPORATED SELECTED CONSOLIDATED STATEMENTS
OF CHANGES IN STOCKHOLDERS€™ EQUITY
Accumulated Deficit In Thousands
12-31-08 ............$ 913,033
12-31-07 ............1,106,506
12-31-06 ............1,262,033
12-31-05 ............1,334,572
1-1-05 .............1,525,447
Required
a. 1. Compute the current ratio for 2008, 2007, and 2006. Comment.
2. Compute the debt ratio for 2008, 2007, and 2006. Comment.
3. Total revenues€”Prepare a horizontal common-size€”use 2005 as the base. Comment.
4. Gross profit€”Prepare a horizontal common-size€”use 2005 as the base. Comment.
5. Net income€”Prepare a horizontal common-size€”use 2005 as the base. Comment.
6. Net cash provided by operating activities€”Prepare a horizontal common-size€”use 2005 as the base. Comment.
7. Compute the operating cash flow/total debt for 2008, 2007, and 2006. Comment.
8. Accumulated deficit€”(2006€“2008). Comment on the trend.
b. Give an overallcomment.

PRICELINE.COM INCORPORATED SELECTED CONSOLIDATED BALANCE SHEET ITEMS December 31, (In thousands) 2008 2007 2006 Total current assets Total assets Total cuent liabilities Total liabilities Minority interest Accumulated deficit Stockholders' Equity S 623,839 1,343,977 546,652 613.595 S 613,000 S 503,089 1,105,648 100,672 721,136 22,486 (1,262,033) 348,556 1,350,856 694,843 754,713 17,036 (913,033) 730,382 (,106.506) 579,107 PRICELINE COM INCORPORATED SELECTED CONSOLIDATED STATEMENTS OF OPERATIONS Year Ended December 31. (In thousands) 2008 2007 2006 2005 Total revenues Gross profit Operaing income Net income Per diluted common share $1,884,806 955,971 289,474 193,473 3.98 $1,469469 639412 137935 157,082 3.42 $1,123,103 401,099 61,986 74,466 1.68 $962,660 267,863 35,884 192,729 4.21 PRICELINE.COM INCORPORATED SELECTED CONSOLIDATED STATEMENTS OF CASH FLOWs Year Ended December 31 (In thousands) 2008 2007 2006 2005 Net cash provided by operating activities Net cash (used in) provided by investing activities Net cash (used in) provided by financing activities Cash and cash equivalents, end of period S 315,553 S56015 S112,085 62,642 151,905 (221,499 48,99 (75,777) 168,848 19,945 177,123 (5,492) 364,550 385,359 423,577 80,341