Selected risk ratios are presented for 2011 and 2010 for Techtron Company.Also,refer to the financial statement data for the company.
Financial Statements
Required:a.Calculate the amounts of these ratios for 2012.
b.Assess the changes in the short-term liquidity risk of Techtron between 2010 and
2012 and the level of that risk at the end of 2012.
c.Assess the changes in the long-term solvency risk of Techtron between 2010 and
2012 and the level of that risk at the end of 2012.
Correct Answer:
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b.)The changes in the short-term li...
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