Task: Consider the given set of financial statements:
Question 1: What is the company's average annual rate of sales growth from 2007 through 2009?
Question 2: How long, on average, was Better Mouse Trap taking to collect on its receivable accounts in 2009? (Assume all of the company’s sales were on credit.)
Question 3: Was Better Mouse Trap more or less profitable in 2009 than it was in 2007? Justify your answer using at least two ratios.
Question 4: Was Better Mouse Trap more or less liquid at the end of 2009 than it was at the end of 2007? Justify your answer using at least two ratios.