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.
Definitions:
Hierarchical Groups
Groups organized in a way that positions individuals or subgroups in levels of varying status or authority.
Communication
The exchange of information or ideas through speaking, writing, or other mediums between individuals or groups.
Status Generalization
The process by which characteristics of individuals that are irrelevant to a situation influence others' perception of their status or authority within that context.
Satisfaction
A state of contentment or pleasure experienced when an individual’s wants or needs are fulfilled.
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