1) Go to the Toronto Stock Exchange website at tmxmoney.com.

a) Look up the stock market quote for NFI Group Inc (Enter NFI in the search box at the top of the page.) Click on the Financials and Filings tab immediately below the search box. This will bring up the most recent income statement (make sure you are looking at the annual statement, not the quarterly statement). Click on the Financials and Filings tab immediately below the search box. This will bring up the most recent income statement (make sure you are looking at the annual statement, not the quarterly statement). Calculate all of the financial ratios (the full list can be found at the end of the Module 2 document) for all years from 2015 to 2019 and present your results in table format. Assume their tax rate is 25%. 10 marks

b) Explain whether you think NFI Groups financial health is improving or worsening, based on the changes to the above ratios from 2015-2019. Comment on any particular ratios or changes that you believe are significant. 5 marks

c) Examine NFI Groups Statement of Cash Flows from 2015-2019, describe what you believe is significant, and explain try to explain what led to these significant items. Also explain whether you believe NFI Groups financial health is improving or worsening, based on its cash flow statements. 5 marks