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JUST FOR FEET, INC Prepare common - sized balance sheets and income statements for Just for Feet for the period 1 9 9 6 -

JUST FOR FEET, INC

Prepare common

-

sized balance sheets and income statements for Just for Feet for the period

1996 - 1998 .

Also compute key liquidity, solvency, activity, and profitability ratios for

1997

and

1998 .

Given these data, comment on what you believe were the high

-

risk financial statement items for the

1998

Just for Feet audit.

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