1. Utilizing Exhibit 7 (Endeavor Global Historical Financial Statements), create a time-series ratio analysis. Calculate the liquidity, debt, and activity ratios you consider relevant, and provide rationale for examining these ratios. Explain what type of companies you would use to benchmark against Endeavor. 2. Assume that Endeavor has chosen to go ahead with the growth scenario (see Exhibit 11a and 11b for the base case and growth scenario financial analyses). Assuming that the liquidity, debt, and activity ratios of Endeavor are in-line with the benchmark, recommend a financing strategy for Endeavor Global. Summarize how this financing choice is influenced by the fact that Endeavor is a non-profit organization.