Using the financial analysis in Case Study 7.1 of British company HMV Group and Tables 7.7–7.13 of the course text (pages 128–134) as your example, prepare a ratio analysis of FedEx’s 2006 and 2007 year-end results. Your analysis should include each table from the case study as a template. Do not complete the Interest Coverage ratio as there is not enough data to calculate.
2. Prepare an interpretative write up of your financial analysis, explaining trends and items of concern for the directors of FedEx. For each ratio, you should define the ratio, inform the directors about the change in the ratio from one year to the next, and describe how this change impacts the company.
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