Steelcase	Current Ratio	Quick Ratio
2013	1.61	1.32
2014	1.65	1.37
2015	1.49	1.18
2016	1.48	1.19

Steelcase	Price to Earnings	Earnings Per Share	Cash Ratio
2016	15.24	1.36	0.48
Industry Avg	16.09	1.98	0.27

Steelcase	ROE	ROA
2013	5.81%	2.30%
2014	12.95%	5.09%
2015	12.97%	5.01%
2016	23.11%	9.42%

Steelcase	Profit Margin	Asset Turnover	Financial leverage	ROE
2013	1.35%	1.70	2.52	5.81%
2014	2.93%	1.73	2.55	12.95%
2015	2.81%	1.78	2.59	12.97%
2016	5.57%	1.69	2.45	23.11%

Industry Average	Current Ratio	Quick Ratio	Profit Margin	ROE
2013	1.35	1.09	2.67%	14%
2014	1.31	1.05	2.33%	11.33%
2015	1.26	.94	4.33%	19.33%
2016	1.21	.92	5.33%	22%

Steelcase	Sustainable Growth Rate	Actual Growth Rate
2013	-1.05%	4.34%
2014	5.54%	4.19%
2015	5.06%	2.37%
2016	15.38%	.01%

3.) Based on your findings above, prepare Pro Forma statements for the next three fiscal years.

Demonstrate succinctly why you made the projections you show. (Defend your forecast.)

Determine the external financing, if needed, and show calculations.