A. Univariate ratio analysis (as discussed in class): for 2015 (FYE Jan 31 2016) and 2014 (FYE Jan 31 2015) 1. Summary profitability and asset turnover ratios 2. Gross margin, accounts receivables turnover, inventory turnover, and PP&E turnover ratios 3. Solvency ratios (including leverage and coverage ratios) 4. Liquidity ratios 5. Interpret the ratios calculated above, and discuss movement between the two years B. Multivariate analysis for 2015 (FYE Jan 31 2016) only. 1. Altman Z score (original and modified) 2. Springate score 3. Zmijewski score 4. Provide an interpretation of the above scores C. Overall assessment based on your quantitative analysis and interpretation, could you as a credit analyst have foreseen the ultimate demise and liquidation of Sears Canada in 2017?