3 Using the information from the income statement and balance sheet above, please calculate the following ratios, and compare them to the industry ratios to determine how the company fares against the industry. Are the ratios Good or Bad? Good or Bad Industry Average 3.50% Current Ratio Inventory Turnover 10.50% Days sales in Inventory 33 Receivables Turnover 5 Days sales in Receivables 75 Profit Margin 9.70% Total Asset Turnover 1.60% Equity Multiplier 2.10% DuPont Identity 32.59 3 Using the information from the income statement and balance sheet above, please calculate the following ratios, and compare them to the industry ratios to determine how the company fares against the industry. Are the ratios Good or Bad? Good or Bad Industry Average 3.50% Current Ratio Inventory Turnover 10.50% Days sales in Inventory 33 Receivables Turnover 5 Days sales in Receivables 75 Profit Margin 9.70% Total Asset Turnover 1.60% Equity Multiplier 2.10% DuPont Identity 32.59