Calculate the current ratio and quick ratio for the latest two years, obtain the industry average ratios fromIBISWorld, and analyze the results. This database contains industry reports and market...

• Calculate the current ratio and quick ratio for the latest two years, obtain the industry average ratios fromIBISWorld, and analyze the results.
  
  
  • This database contains industry reports and market research on more than 1,300 United States industries. The reports provide key data, financial ratios, and benchmarks, plus industry forecasts. IBISWorld’s Data Wizard tool allows comparisons between a chosen company and industry best practices.
  
  
  
  


• 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.

US INDUSTRY (NAICS) REPORT 51121d Design, Editing & Rendering Software Publishing in the US Grand design: Adoption of new technologies by downstream industries will spur software demand Dan Cook | April 2020 IBISWorld.com +1-800-330-3772 [email protected] Contents About This Industry...........................................5 Industry Definition..........................................................5 Major Players................................................................. 5 Main Activities................................................................5 Supply Chain...................................................................6 Similar Industries........................................................... 6 Related International Industries....................................6 Industry at a Glance.......................................... 7 Executive Summary..................................................... 10 Industry Performance..................................... 11 Key External Drivers.....................................................11 Current Performance...................................................12 Industry Outlook............................................. 16 Outlook......................................................................... 16 Performance Outlook Data......................................... 18 Industry Life Cycle....................................................... 18 Products and Markets..................................... 20 Supply Chain................................................................ 20 Products and Services.................................................20 Demand Determinants................................................ 22 Major Markets..............................................................22 International Trade.......................................................24 Business Locations..................................................... 25 Competitive Landscape...................................28 Market Share Concentration....................................... 28 Key Success Factors................................................... 28 Cost Structure Benchmarks........................................ 29 Basis of Competition................................................... 32 Barriers to Entry........................................................... 33 Industry Globalization..................................................34 Major Companies............................................36 Major Players............................................................... 36 Other Players................................................................39 Operating Conditions...................................... 41 Capital Intensity........................................................... 41 Technology And Systems........................................... 42 Revenue Volatility.....