You have been given the following condensed financial data for two companies from different industries:

Instructions
Divide the class into groups. Assign half your group members to Utility Corp. and the remaining group members to Retail Co. Ltd. Then do the following:
(a) Calculate the following ratios for 2012:
(1) Current ratio,
(2) Cash current debt coverage,
(3) Debt to total assets, and
(4) Cash total debt coverage.
(b) Assess the company's liquidity and solvency, including the answers to the following questions in your analysis:
1. What liquidity and solvency risk is there for your company?
2. What additional information would you need to make a more detailed analysis?

Utility Corp.Retail Co. Ltd. Net cash provided by operating activities20127 201I1 2012 2011 Carent a3esoperating activities 12 1150 Current assets Total assets Current liabilities Total liabilities 12,160 ,166 1,594 1,697 8,620 7,773 $71 63 219 208 424 414 95 88 181 178