Baker & Co. has applied for a loan from the Trust Us Bank in order to invest in several potential opportunities. In order to evaluate the firm as a potential debtor, the bank would like to compare Baker & Co. to the industry. The following are the financial ratios presented to Trust Us Bank. Compare and explain the differences in relation to the industry. 2017 2018 Industry Norms Current ratio 4.3 5.7 5.0 Inventory turnover 1.0 1.3 2.2 Average collection period 90 76.3 90 days Debt ratio 33 28 33 Times interest earned 5.0 6.0 7.0 Operating profit margin 29.1% 25.6% 20%