Calculate the current ratio and quick ratio for the latest two years and obtain the industry average ratios from the?Mergent Market Atlas databas

https://marketatlas.mergent.com/

 Calculate the current ratio and quick ratio for the latest two years and obtain the industry average ratios from the Mergent Market Atlas database, or use another outside resource of your choice, and then analyze the results. Be sure to show our calculations.

• Discuss what each of these ratios tells you about the company’s current financial condition and how they compare to the industry averages. 
• Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes. 
• Review the balance sheet and the notes to the most recent financial statements and identify any contingent liabilities. 
• Discuss whether or not you agree with how the company chose to treat each contingency on the financial statements (i.e., recorded vs. disclosed but not recorded). 
• Discuss the effect on the financial statements of the company’s treatment of the contingency. 
• Discuss whether the contingent liabilities change your assessment of the company.

Your initial response should be a minimum of 200 words. And at least 1 credible resource (scholarly)

2.  Using the same company and annual reports that you chose for your Week 1 

 Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information from the Mergent Market Atlas  use another outside resource of your choice, and then analyze the results. Be sure to show your calculations 

• .Discuss what each of these ratios tells you about the company’s use of debt and how it compares to the industry average. 
• Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes. 
• If you were a lender, discuss whether you would you be willing to lend money to the company based on its use of debt.

Your initial response should be a minimum of 200 words. 1 credible resource scholarly