h. The location of some of the company's production facilities in high labor cost areas is also a threat to the company's market positions.
Vitalograph's financial position is assessed within the context of ratio analysis. Ratios are presented with respect to liquidity, leverage, activity, and profitability.
Liquidity. The company's current ratio in 1990 was 1.1:1, which represented no change from the preceding year, and little change from the 1.2:1 ratio that characterized the 1980 1988 period. Vitalograph's liquidity position is healthy.
Leverage. Vitalograph's long term loans to shareholde
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