Below are financial statements for Global Manufacturing. After computing the ratios we discussed in this chapter, discuss strong and weak points of Global's performance.

Ratio	2017	2016	2015
Current ratio	1.8	2.0	1.63
Quick ratio	0.9	1.0	0.77
Average payment period	63.3	63.3	62.6
Total asset turnover	1.4	1.5	1.5
Fixed asset turnover	2.8	3.0	2.7
Average collection period	52.1	48.7	37.9
Inventory turnover	3.6	3.75	4.2
Total Debt to Total Assets	56.4%	50.0%	46.6%
Total Debt to Equity	1.3	1.0	0.87
Equity Multiplier	2.3	2.0	1.87
Interest Coverage	5.3	6.0	6.4
Operating Profit Margin	10.6%	10.0%	8.7%
Net Profit Margin	5.1%	5.0%	4.4%
Operating Return on Assets	14.8%	15.0%	13.4%
Return on Assets	7.2%	7.5%	6.8%
Return on Equity	16.5%	15.0%	12.8