In no more than 5 typed pages, identify EDCs Strengths and Weaknesses relative to Scholastics (in other words, how are the two firms different in 2020). Ratios like those suggested below are measures of performance. Differences in resources or capabilities are one of the possible CAUSES of that performance. Use your own observations as well as other sources to speculate concerning the causes of the firms relative performance.
Ratio Calculation	EDC (2019)	EDC (2019)	Scholastic (2019)	Scholastic (2019)
ROE (NI/Common Equity)
ROA (NI/Total Assets)
ROS (NI/NS)
COGS/NS*
SGA/NS*
Interest Expense/NS
NS/TA
NS/CA
Inventory Turnover (NS/Inv)
NS/Accts Receivable
NS/Property, Plants, & Equipment
Current Ratio (CA/CL)
Quick Ratio (CA-Inv./CL)
TA/Common Equity
NS/Employee
* EDC includes the costs of distribution ($2,595,800) in its SGA expenses rather than its Costs of goods sold.