1. Barnes & Noble is a company in transition in terms of financial performance. Go to www.barnesandnoble.com.

2. Scroll to the bottom of the page and click on “Investor Relations.” What is the current stock price?

3. Return to the main “Investor Relations” tab and click on “Financial News.” Write a brief paragraph summary of any two prereleases appearing in this box (two paragraphs in total).

4. Go back to “Investor Relations” and click the link titled “Annual Reports.” Open the most recent annual report.

5. Scroll down on the left-hand bookmarks until you get to “Consolidated Statements of Operations.” Has Barnes & Noble been profitable in the last three years?

6. Click on “Consolidated Balance Sheet.” What is the ratio of “Total Current and Non-Current Liabilities to Total Assets” for the past two periods? Anything over 70 percent is considered too high. How does Barnes & Noble look?