1. Based on a calculation, what can you say about the company's liquidity position?

2. Based on the current and cash ratios, how long does it take Tiger Inc to turn sales into cash

Current Ratio is 2.428 and cash ratio is 0.303 Inventory turnover is 3.73 Days sales outstanding is 45.1

3. Using Tigers data and its industry averages, how well run would you say Tiger appears to be in comparison with other firms in its industry? What are its primary strengths and weaknesses? Be specific in your answer, and point to various ratios that support your position.

Tiger Inc: December 31 Balance Sheets (Thousands of Dollars)			Tiger Inc December 31 Income Statements (Thousands of Dollars)
Assets	2019			2019
Cash and cash equivalents	$20,000		Sales	$425,000
Accounts Receivable	52,500		COGS	327,000
Inventories	87,750		Depreciation and Amortization	17,480
Total current assets	$160,250		EBIT	$80,520
Net fixed assets	218,500		Interest Expense	5,740
Total assets	$378,750		EBT	$74,780
Liabilities and equity			Taxes (40%)	29,912
Accounts payable & accruals	$66,000		Net Income	$44,868
Line of credit	0		Common Dividends	$18,125
Total current liabilities	$66,000		Addition to Retained Earnings	$26,743
Long-term debt	67,500
Total liabilities	$133,500
Common stock	183,175
Retained Earnings	62,075
Total common equity	$245,250
Total liabilities and equity	$378,750
Other Data
	2019
Exp. Sales growth rate	11.00%
Interest rate on LT debt	7.00%
Interest rate on LOC	5.00%
Dividend growth rate	9.00%
Tax rate	40%