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I'm not sure how to do this 1. Complete the Application Exercise on The T Resort - pages 85 & 86. Complete the following: 1.

I'm not sure how to do this

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1. Complete the Application Exercise on "The T Resort - pages 85 & 86. Complete the following: 1. Perform a vertical analysis of the T Resort's 2008 income statement. 2. Perform a vertical analysis of the T Resort's December 31, 2007, balance sheet. 3. Perform a vertical analysis of the T Resort's December 31, 2008, balance sheet. 4. Perform a horizontal analysis of the T Resort's 2007 and 2008 balance sheets. 5. Is the T Resort too heavily in debt? How can you evaluate its debt structure? 6. What is the projected current ratio for the T Resort as of December 31, 2007, and 2008? Are the ratios favorable? 7. What are the projected profit margin, and return on equity for The T in 2008? 8. What will be the inventory turnover rate for The T in 2008

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