Financial Analysis and Forecasting
Garden State Container Corporation
Garden State Container corporation manufactures boxes and other containers primarily for farm products. More than 85 percent of the company’s sales come from the northeastern part of the United States, especially Pennsylvania, New Jersey, New York, and Maryland, although the company’s patented egg cartons are distributed throughout the United States. Jim Jackson, the founder and president, recently received a call from Martha Menendez, vice president of Atlantic First National Bank. Menendez told him that a negative report had been generated by the bank’s computerized analysis system; the report showed that Garden State’s financial position was bad …show more content…
1. Complete the 2003 columns of Table 3 through 5. If you are using the Spreadsheet model, use it to complete the tables. Be sure you understand all the numbers, as it would be most embarrassing (and harmful to you career) if you were asked how you put a particular number, and you could not give a meaningful response.
2. Based on the information in the case and on the results of your calculations in Question 1, prepare a list of Garden State’s strengths and weaknesses. In essence, you should look at the common-size statements and