$1.$ Is Bob$$s Baloney a healthy business, why or why not?

$2.$ What do you think of Diaz$$s characterization of Bob$$s management team? Is Diaz$$s displeasure justified?

$3.$ What messages of the operating performance of Bob$$s do you glean from an analysis of the financial statements and ratios in case Exhibits I and $2?$

$4.$ What should Spangler say to the committee?

$5.$ Using the decomposition of ROE in Exhibit $3($net profit margin $*$ total asset turnover$*$ leverage$),$ explain what could be done to improve the ROE. Explain the risks associated with such actions.