Based on the Caribou Industrial Ltd.(CI) case in your Ivey course pack, you are to...

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Accounting

Based on the Caribou Industrial Ltd.(CI) case in your Ivey course pack, you are to prepare a professional 2-page letter addressed to Dr. Frank Johnson.
You will write this letter as Heather Jacobson, CA, CFA, CBV, Partner with Hector, Block, & Jackson (HBJ) following the principles for a professional letter located in Week 7 content.
The letter should be divided into sections analyzing the liquidity, asset management, long-term debt paying ability and profitability of CI with an emphasis on the financial improprieties that have taken place. The final section should make recommendations on what Dr. Johnson should do next.
To determine the content of the letter and recommendations, you will have to complete a Ratio Table for 2001,2002,2003 and Cash Flow Statements to include as backmatter.
Particular attention should be paid to professional language and tone around such a sensitive matter.

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