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You are the CFO and you are briefing a new accounting

employee on the debt and leasing situation at the Company.

Steps

Download the most recent $10$ K and read the initial section

on management's strategy, the financial statements and the

notes pertaining to debt and leasing. Pay attention to related

notes on accounting policies and property and equipment.

The $10$ K is your main source of analysis.

Read about the company's strategy per their website.

Review Value Line to hear about the economic outlook at

competitive environment for this company. $($See separate

instructions on how to find Value Line at our Library.

Calculate ratios. See table below.

Put your ratios into a chart that can be uploaded as a

picture in Packback. See instructions below for how to do

this.

Address at least two of the questions following the table. As

part of your conclusion, provide your opinion on the

liquidity and solvency trends for the last two years of the

company. Write approximately $\frac{3}{4}$ to $1\mathrm{.}5$ single spaced

pages, normal font.

Do NOT copy and paste from the $10$ K or another article.Minimum Ratios

You may wish to do some of these ratios separately for long$-$term

debt and then for leases.

Show the ratios visually in a table or chart. See instructions on

how to upload a visual chart.

Questions to consider.

How does the use of debt and leasing fit in with the company's

strategy?

What is your assessment of liquidity and solvency

$($required$)?$

Will the company need to refinance debts soon and at higher

interest rates?

Has the company used debt to buy back stock?

Has the company used debt to acquire other companies?

Has the company used debt to invest in property?

Is debt being used to finance current operating activities?

Do the upcoming debt payments seem do$-$able?

Are there any unusual covenants or interesting arrangements?

Is there anything that sounds like it is not GAAP?

Company for this Debts and Leases Analysis is FedEx $!!!!$ Info from their $202410-$K in the picutres attached! Please show work for calculations of ratios!

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