1. You have computed all of the liquidity ratios for a company, and each of them appears to be close to or better than the industry average. What other information would you want before you made a final assessment of the company's short-term debt paying ability?
2. Suppose that a company's equity is currently selling for $26.00 per share and that there are 5.60 million shares outstanding. If the firm also has 46 thousand bonds outstanding, which are selling at 109.00 percent of par, what are the firm's current capital structure weights for equity and debt respectively?