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Ratio Analysis at S&S Air, Inc. Chris Guthrie was recently hired by ( $ & S )amp;S Air, Inc. to assist the company with its

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Ratio Analysis at S\&S Air, Inc. Chris Guthrie was recently hired by \( \$ \& S \)amp;S Air, Inc. to assist the company with its financial planning and to evaluate the company's performance. S\&S Air has manufactured and sold light airplanes. The company has two models, the Birdie which sells for $103,000, and the Eagle which sells for $178,000. The following financial statements are for your ratio analysis: Questions: 1. Using the financial statements, calculate each of the ratios listed in the table for the industry 2. Com[are the performance of S&S to the industry. For each ratio comment on why it might be viewed as positive or negative relative to the industry averages

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