You are required to conduct a financial statement analysis of a publicly listed company (PLC) from Air Canada

Part II: Analytical Review and Calculation of Critical Financial Ratios

You should conduct financial ratio calculation and interpretation for the latest year end numbers. No need to show calculations. Only the final result and its interpretation/analytical insights are required. Calculate and provide analytical insights of various ratios under liquidity ratios, profitability ratio, and solvency ratios. Perform horizontal common size financial statement analysis using 2017 as the base year and provide analytical insights.