Reference no: EM131010109

I need paper and financial statements, graphs, tables and/ or illustrations written in very simple terms, so that I can understand the concepts. Also, I need references that are easily located.t I have attached the information from the textbook for CASE 5.3; also I have attached the solution manual as a guide. However, this homework will have to pass safe sign for plagiarism. Please see below instructions.

This project involves Case 5.3 in the F&O text, Spartech Corporation, pp. 246-256. The student should read the case thoroughly before answering the case questions. Analysis will be required applying the financial tools from the course. The work should include common size financial statements and the applicable ratio analysis from the five major ratios (liquidity, activity, leverage, profitability, and market). Since this is the major project in the course, the student's paper should employ every applicable technique that can be managed from the two textbooks to answer all requested data, analysis and conclusions.

The paper should include a minimum of 6 pages of text, plus any financial statements, graphs, tables or illustrations, which should be sufficient to complete the project. There is no penalty for a longer paper, but length is not a premium. The style of the paper should be in accordance with APA style, including double spacing, margins, cover sheet, title, etc. The student is required to cite any reference material using APA style, including reference notes and a reference list at the end of the paper.

Submit this paper through Safe Assign as one MS Word document--one document only. Do not attach MS Excel documents or other documents to the Word document. If you make attachments, your instructor will reject the submission and require you to submit the document again in the proper format. You must complete all charts, graphs, and spreadsheets in Word, even if you have to type them into Word.

CASE 5.3

Spartech Corporation (the "Company" or "Spartech") was incorporated in the state of Delaware in 1968, succeeding a business that had commenced operations in 1960. The Company, together with its subsidiaries, is an intermediary processor of engineered thermoplastics, polymeric compounds and concentrates. The Company converts base polymers or resins purchased from commodity suppliers into extruded plastic sheet and rollstock, thermoformed packaging, specialty film laminates, acrylic products, specialty plastic alloys, color concentrates and blended resin compounds.

Its products are sold to original equipment manufacturers and other customers in a wide range of end markets. The Company's fiscal year ends on the Saturday closest to October 31. Fiscal years presented in this report contain 52 weeks and periods presented are fiscal unless noted otherwise.

In 2009, the Company sold its wheels and profiles businesses and closed and liquidated three businesses including a manufacturer of boat components sold to the marine market and one compounding and one sheet business that previously serviced single customers. These businesses are classified as discontinued operations in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 205,-20, Presentation of Financial Statements - Discontinued Operations. All amounts presented within this Form 10-K are presented on a continuing basis, unless otherwise noted.

See the Notes to Consolidated Financial Statements for further details of these divestitures and closures. The wheels, profiles and marine businesses were previously reported in the Engineered Products segment, and due to these dispositions, the Company no longer has this reporting segment.

Spartech is organized into three reportable segments based on its operating structure and products manufactured. The three reportable segments are Custom Sheet and Rollstock, Packaging Technologies and Color and Specialty Compounds. During the second quarter of 2010, the Company changed its organizational reporting and management responsibilities of two businesses previously included in our Color and Specialty Compounds segment to our Custom Sheet and Rollstock segment.

Also in that second quarter, the Company reorganized its internal reporting and management responsibilities for certain product lines between its Custom Sheet and Rollstock and Packaging Technologies segments to better align its management of these product lines with end markets.

Additionally, during the fourth quarter of 2011, the Company reorganized its internal reporting and management responsibilities for a specific product line from its Color and Specialty Compounds segment to its Custom Sheet and Rollstock segments to better align its management of this product line with end markets.

These management and reporting changes resulted in a reorganization of the Company's three reportable segments, and historical segment results have been reclassified to conform to these changes. A description of the reportable segments, including their principal products and markets, is provided below. See "Note 15 - Segment Information" of the Notes to Consolidated Financial Statements for certain financial information regarding each segment.