Dow, S&P, Nasdaq up between 10% and 15% in the last year. New records. WWD down 15%. A few questions the board may ask: How are all the new acquisitions doing? Are they making more or less than before? Are they winning more or less new programs? Are they worth what was paid and borrowed? How are the legacy businesses doing? Being busy is interesting, but are they making things that sell? Do the inventory levels make sense? How are the projected margins on the new programs? Are the current margins being driven by COGS reductions or legacy price increases?