You are the director of investor relations for the company that you chose. In an email to a potential investor in the company, explain the change from the prior year to the current year for 4 ratios, at least one from each category (liquidity, solvency and profitability).
You need to explain the following for each of the 4 selected ratios:
• The percentage amount of the change in the ratio (formula is new – old / old)
• Whether the ratio was better or worse in the current year than the prior year
• Suggest a change in the company that may have actually caused this change
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The email should follow a similar format to a business memo, and should include an introduction, body and conclusion.
Task Points Available
Correctly explain the amount of the change in the ratio and whether it was better or worse in the current year, when compared to the prior year.
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