(Communication)
Zip Delivery Specializes in the Overnight Transportation of Medical $\bullet$

question 202

Essay

(Communication)
Zip Delivery specializes in the overnight transportation of medical equipment and laboratory specimens. The company has selected the following information from its most recent annual report to be the subject of an immediate press release.
$\bullet$ The financial statements are being released.
$\bullet$ Net income this year was $3.1 million. Last year's net income had been $2.8 million.
$\bullet$ The current ratio has changed to 2:1 from last year's 1.6:1.
$\bullet$ The debt to assets ratio has changed to 4:6 from last year's 3:6.
$\bullet$ The company expanded its truck fleet substantially by purchasing ten new delivery vans.
$\bullet$ The company already had twelve delivery vans. The company is now the largest medical courier in the mid-Atlantic region.
Required:
Prepare a brief press release incorporating the above information. Include all information. Think carefully which information (if any) is good news for the company, and which (if any) is bad news.

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Definitions:

Dehydration

A condition resulting from excessive loss of body water, affecting the body's ability to carry out normal functions.

Organizing Effects

Hormonal actions that influence the organizational development of the fetal brain.

Activating Effects

Hormonal actions that influence activities in the adult brain.

Hormones

Chemical messengers produced by glands in the body, which travel through the bloodstream to target organs or tissues, regulating physiology and behavior.