MWW provides a “post mortem” on the financial forecast that was provided in the fiscal 2000 annual report (see page A-20). In the post mortem MWW’s manage- ment explains differences between the company’s actual performance in 2000 with the forecast it made a year earlier. Explain the usefulness of the post mortem to users of the financial statements. What are the reasons that MWW gives for differ- ences between the actual performance for fiscal 2001 and the forecasted performance? Use the financial analysis tools in the chapter to compare the actual performance, liquidity, and solvency and leverage with the forecasts.