Excerpts from the 2008 financial statements for Goodyear are as follows (dollars in millions):

REQUIRED:Assume that you have some capital to invest and that you are considering an equity investment in Goodyear. Review the financial statement and comment on Goodyear as an investment. Support your recommendation with financial ratios. Assume a tax rate of 30 percent. Interest expense is $320 in 2008, $450 in 2007, and $447 in 2006.

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2008 2007 2006 Balance Sheet S 8,340 6,886 4,779 9,425 (503) 1,525 Current assets S10,172 S10,179 6,850 4,666 13,121 (1,726) 968 Long-term assets Current liabilities Long-term liabilities Contributed capital Retained earnings 7,019 4.664 9,677 1,248 1,602 Income Statement S18,751 19,081 Revenues S19,488 19,505 S19,644 19,042 Expenses Statement of Cash Flows S (745) (1,136) 312 S(1,569) 3.463 S 1,894 S 105 (829) (1.333) S (399) 3,862 $ 3,463 S 560 (532) 1.696 S 1,724 2,138 S 3,862 Net cash from operating activities Net cash from investing activities Net cash from financing activities Change in cash balance Beginning cash balance Ending cash balance