I have also reviewed the financial statements and gathered information on industry standards (Appendix V)," Marion continues. "As the bank will be looking to analyze SIL's financial situation, particularly in comparison to competitors, please prepare a ratio analysis and a vertical analysis for the current and prior year. You should include in your memo explanations and recommendations based on these analyses. Additionally, if there are ways that SIL can improve its working capital management, please discuss and explain how this could reduce the line of credit, supported by dollar values where possible