Choose ONE (1) question below to discuss and then respond to TWO (2) of your classmates answers (Try not to repeat others answers). Include the question with your response.

1. Why is it important to hold some liquid and some illiquid assets?
2. Discuss one of the liquidity ratios in this week's course content? Using the 2014 data for Holy Cross in this week's Power Point summary slides, what is the 2014 ratio you identified? Given information provided what is your interpretation of this ratio?
3. Discuss the formula used for a ratio to measure leverage or capital structure? What exactly does this ratio measure?
4. Identify two operating indicators and explain how they may supplement a ratio analysis using financial data. How would you interpret the operating indicators?