Huntingdon Capital Corp. is a competitor of Plazacorp and First Capital Realty. Huntingdon reported the following selected information (in millions): ___________________________________2012...............2011 Current assets.................................$103.5...............$ 77.3 Non-current

Question

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Huntingdon Capital Corp. is a competitor of Plazacorp and First Capital Realty. Huntingdon reported the following selected information (in millions):

___________________________________2012...............2011

Current assets.................................$103.5...............$ 77.3

Non-current assets..............................217.8................422.5

Current liabilities..................................30.8..................78.0

Non-current liabilities..........................114.8................218.2

Instructions

(a) Calculate the working capital, current ratio, and debt to total assets ratio for each year.

(b) Did Huntingdon's liquidity and solvency improve or worsen during 2012?

(c) Using the data in the chapter, compare Huntingdon's liquidity and solvency with that of Plazacorp, First Capital Realty, and the industry for 2012 and 2011.