Review the financial statements and comment on goodyear

Reference no: EM131415642

Excerpts from the 2008 financial statements for Goodyear are as follows (dollars in millions):

REQUIRED:

Assume that you have some capital to invest and that you are considering an equity investment in Goodyear. Review the financial statements and comment on Goodyear as an investment. Support your recommendation with financial ratios. Assume a tax rate of 30 percent. Interest expense is $320 in 2008, $450 in 2007, and $447 in 2006.

Reference no: EM131415642

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