Assignment 1. Prepare the cash flow worksheet contained in Exhibit 4. What does this tell you about the operations of MDS? 2. Prepare pro forma financial statements for FY 2010 (including a statement of cash flows). What do these tell you about the operations of MDS? How can you reconcile the information in the cash flow worksheet with that in the financial statements? 3. Calculate those ratios that might be important to the bank for each year in the 4-year period. What do these ratios tell you about MDS? 4 . What changes in financing policies took place in the most recent year as compared to previous years? 5. What recommendations would you make to Ms. Ringer