Conduct a 3-year ratio analysis of the firm and the industry by computing each of the ratios listed in RED in the file. Please compute any additional ratios if you can. Again you will find all the data in the spreadsheet, to compute the ratios. Include any number of exhibits if you can. Summarizes the most important information from the ratio analysis and compare the firm to the industry. Note areas of concern and areas of strength. Please add your perspective of the firm's overall financial condition. The more complete the answer the better the tip
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Industry
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Annual Income Statement
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Period Ended
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12/31/2009
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12/31/2008
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12/31/2007
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In thousands of USD (except for per share items)
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Revenues
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11,467,376
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11,252,159
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8,473,970
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Costs and Expenses:
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Direct costs of contracts
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-9,906,493
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-9,517,673
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-7,262,621
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Selling, general and administrative expenses
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-940,310
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-1,091,427
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-769,393
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Operating Profit
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620,573
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643,059
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441,956
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Other Income (Expense):
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Interest income
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13,145
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15,447
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19,764
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Interest expense
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-2,916
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-4,414
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-8,019
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Miscellaneous income (expense), net
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-6,029
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3,319
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-5,059
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Total other income (expense), net
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4,200
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14,352
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6,686
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Earnings Before Taxes
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624,773
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657,411
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448,642
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Income Tax Expense
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-224,919
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-236,669
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-161,512
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Net Earnings
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399,854
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420,742
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287,130
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Net Earnings Per Share
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Basic
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3.26
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3.47
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2.42
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Diluted
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3.21
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3.38
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2.35
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