Answer 2 questions

Learning Goal: I’m working on a business question and need the explanation and answer to help me learn.

Answer question in 5-10 sentences. Please relate it to the case study that is provided.

Income statements and balance sheets can say a lot about a companys progress. In Krispy Kremes case, it says a lot about the changes being made and corrections theyve been working on, along with what investments have been helping or not. What can the historical income statements (case Exhibit 1) and balance sheets (case Exhibit 2) tell you about the financial health and current condition of Krispy Kreme Doughnuts, Inc.?