1. Based on your Pro Forma income statement in 2004 and the income statements in 2001- 2003, compare the profitability of Forest of Flowers in 2004 with that in previous years. Include relevant financial ratios when making comparison. (6 points) 2. As the bank manager, Brad MacDougall, what concerns might you have about the business (i.e., identify the weaknesses)? What factors provide a source of comfort when considering the credit risk (i.e., identify the strengths)? Would you approve the loan application? (Hint: Your answers should cover the Pro Forma financial statements as well as relevant information from the case.) (10 points) 3. Is the planned expansion in 2004 a wise move for the company? List the advantages and concerns. (4 points)