1. Analyze the firm's liquidity, leverage, turnover, and profitability using ratio analysis.
2. The most widely accepted theory of foreign exchange rate determination is purchasing power parity, yet it has proven to be quite poor at fore- casting future spot exchange rates. Why? Please try to meet 450 words,
3. Using a cash flow statment for the most recent year, explain how Greg would sum up the compnay's cash position.