$1\mathrm{.}72$

$78$ a$.$ Has Joshua & White's liquidity position improved or worsened? Explain.

b$.$ Has Joshua & White's ability to manage its assets improved or worsened? Explain.

c$.$ How has Joshua & White's profitability changed during the last year?

d$.$ Perform Du Pont analysis for Joshua & White for $2012$ and $2013.$

$2013$ ROE $=PM2012TA$ Turnover $x$ Equity Multiplier