Determine all the appropriate ratios for Carnevale. Then examine how they have changed and relate to both the previous year and the industry means. What problems for the firm does this examination and analyze point to for the firm in trying to deal with its shrinking profit margin? What would you suggest the firm do in order to address this issue. Make sure that your recommendation(s) relate back to the problem(s) that you identified

1. Benchmarks – Determination of the benchmark ratios for this firm

2. Analysis – The analysis of what the change in the various benchmarks means for the business exhibits good critical thinking and logical outcomes.

3. Recommendation – A clear, actionable recommendation is proposed and the justification for its choice is well–supported through the examination and analysis of the benchmark ratios for the firm.

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