Calculate the 10 ratios done in Exhibit 4 for each year from 2008 to 2010. Do you notice any trends? What insights do these trends provide into the operations of BNL?
Following the format given in Exhibit 3, prepare statements of cash flows for BNL for each year from 2008 to 2010. Refer to the case for additional information regarding this question.
What do the cash flow statements show? What does this mean for the future viability of the firm? How helpful is this analysis in understanding the company’s stock price performance?
