This report presents a financial analysis of R Riggs, focusing on its balance sheet and key financial ratios for the year 2017. It calculates and interprets ratios like gross profit margin, net profit margin, current ratio, acid test ratio, debtors' payment period, creditors' payment period, and stock turnover ratio to assess the company's financial health and performance. The report further explores break-even analysis under different scenarios, including changes in selling prices and variable costs, and recommends strategies for achieving profit targets. Finally, it provides a memorandum report suggesting the most effective strategies to improve business performance, considering the advantages and disadvantages of each option based on the financial analysis.