INTRODUCTION
This memorandum analyzes and presents the performance conducted by the two nobles Sihathor and Pemsah with respect to their farm harvests. Each of these farmers were given a certain amount of capital and land by Pharaoh Amenhotep. Initially, I will explain what the phenomena and attributes of interest are in this case. This will be followed by the evaluation of both farmers’ Balance Sheets, along with any ratios relevant to the case. Finally, I will make a recommendation to the Chief Scribe as to which noble he should invest in.
PHENOMENON AND ATTRIBUTE OF INTEREST
A phenomenon is defined as the object of interest that is being measured, while the attribute of interest is said to be the characteristics or qualities of the phenomenon. In “A Tale of Amenhotep”, the phenomenon is the performance of each of nobles’ farms, whereas the attribute of interest to the Chief Scribe is the efficiency that each farmer conducts his work. This efficiency can be evaluated by showing the relationship between total debt and total assets (debt ratio), as well as the relationship between current assets and current liabilities (current ratio). Furthermore, by incorporating each of these ratios one can realize which of the two nobles were able to utilize their assets more efficiently.

BALANCE SHEET ANALYSIS
Once looking over the Balance Sheet I was able to calculate each of the farmers’ debt ratios which is a measure of financial risk. So by dividing total debt by total assets I discovered that Sihathor’s ratio was 0.069 while Pemsah’s was 0.062. Due to the fact that each of these nobles’ ratios are substantially less than one we can infer that they have much more assets than debt, which is a positive attribute. At the same time it seems as though Pemsah has a slightly lower ratio which in turn shows his farm is less risky than Sihathor’s. Risk is an important