Each student is to select two companies that operate in the same industry. select public us companies only, this will ensure maximum amount of information available for your use. 2. credit risk analysis: a. calculate the credit risk of the two companies in the most recent year using the tools developed in the class. your work should include: • short-term liquidity ratios • long-term solvency ratios • coverage ratios • the altman bankruptcy model (you will need to research this outside of the text) it’s not necessary to calculate all of the ratios from the text, but use the ratios you feel allow you to answer part b. b. based on your calculations, does one company appear riskier than the other overall? explain why your results from part a, would lead you to make this conclusion.

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?