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You are the Financial Manager of Watson Leisure Time Sporting Goods and you have approached Ms. Beatriz Tan, the Manager of SMC Bank to make

You are the Financial Manager of Watson Leisure Time Sporting Goods and you have approached Ms. Beatriz Tan, the Manager of SMC Bank to make an investment in your company. Watson Leisure Time Sporting Goods is a company that manufactures golf clubs, baseball bats, basketball goals, and other similar items. In your initial meeting with Ms. Tan, you have pointed out the steady increase in sales and net income. Ms. Tan asked you to make a thorough analysis on the on all areas of the current and future financial health as a basis later of her decision

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