engineering economy

This case study covers the topic of “General Accounting Principles”. You may use your book, notes, and refer back to the guest lecture on the Pilot site to answer the following questions. This is an individual effort. Please show all calculations and submit typed answers to questions 2 -4 .

2006

1. Refer to the Financial Statements given:

a) Calculate the quick ratio:

b) Calculate the debt ratio:

c) Calculate the current ratio:

d) Calculate the return on equity:

2. How do entities determine their fiscal period? Give an example.

3. How would you define a highly leveraged company? What ratio would you use to determine this?

4. Tell me one thing you learned from the guest lecture, and how do you think it may be useful for you in your professional or personal life.