Given the following balance sheet, income statement, historical ratios and industry averages,

calculate Pulp, Paper, and Paperboard, Inc's financial ratios for the most recent year.

Analyze its overall financial situation for the most recent year from cross$-$sectional

and time$-$series viewpoints. Break your analysis into an evaluation of the firm's liquidity,

activity, debt, and profitablility. $($After computing the ratios, please don't forget to interpret them.$)$