can I please get help answering this decision case? Thank you.

Case 3. (Learning Ubjectives 2, 5: Identify action to cut losses and establish profitability) Suppose you manage Outward Bound, Inc.,, a Vermont sporting goods store that lost money during the past year. To turn the business around, you must analyze the company and industry data for the current year to learn what is wrong. The company's data follow: Outward Bound, Inc. Common-Size Balance Sheet Data Outward Bound Industry Average 3 Cash and short tem investments 4 Trade receivables, ret 5 Inventory 6 Prepaid expenses 3,0% 15.2 642 1.0 9% 11.0 60.5 78.3% 15.2 8 Fixed assets, net 12 Notes payable, short-term, 12% 13 Accounts payable 14 Accrued liabilities 15 Total current liabilities 16: Long-term debL 11% 17 Total liabilities 18 Common stockholders' equity 19 Total liabilities and stackholders' equity 20 14.0% 251 46.0 470 16.4 63.4 Outward Bound, Inc. Common-Size Income Statement Data Outward Bound Industry Average 3 Net seles 4 Cost of sales 1000% (682) 100 on 64.8 35.2 (323 ss protit 6 Opetating expense (5 1.3) 9 Other.revenue 11 Income tax iexpensei saing 12 Netincomme loss 13 0 8 Requirement 1. On the basis of your analyss of these figures! suggest four courses of action C urward Bound might take to reduce its losses and establish protisble opsrations Give your neuson for each suggestion. (Challenge