1. Calculate the current ratio for Tweeter for 2004 and 2003 and discuss its liquid- t ratio ity position. 2. Calculate the debt to total assets ratio and free cash flow for Tweeter for 2004 and 2003 and discuss its solvency. 3. Calculate the earnings per share for Tweeter for 2004 and 2003, and discuss its change in profitability. 4. Best Buy's accounting year-end was February 28, 2004; Tweeter's was September 30, 2004. How does this difference affect your ability to compare their profitability?

1. Calculate the current ratio for Tweeter for 2004 and 2003 and discuss its liquidity position. 2. Calculate the debt to total assets ratio and free cash flow for Tweeter for 2004 and 2003 and discuss its solvency. 3. Calculate the earnings per share for Tweeter for 2004 and 2003, and discuss its change in profitability. 4. Best Buy's accounting year-end was February 28, 2004; Tweeter's was September 30, 2004. How does this difference affect your ability to compare their profitability