Write a memo (approximately 2–3 pages) to your supervisor explaining your findings and your recommendations for where improvements are needed to increase financial health. Be sure to Include the following:
Areas within the company that are both above and below industry standards
- An explanation of the limitations of using ratio analysis
The qualitative factors that play a role in improving the company’s financial health
- In the memo, suggest some specific ways in which the company can plan to improve below industry average ratio performance over time. Suggest annual targets over the next three years to catch up with or surpass industry averages. Explain why your recommendations should be effective.