Question: Calculate the indicated ratios for Lozano. Do not round intermediate calculations. Round your answers to two decimal places. Ratio Lozano Industry Average Current assets/Current liabilities
Calculate the indicated ratios for Lozano. Do not round intermediate calculations. Round your answers to two decimal places.
| Ratio | Lozano | Industry Average | |
| Current assets/Current liabilities | 2.0 | ||
| Days sales outstanding (365-day year) | days | 35.0 | days |
| COGS/Inventory | 6.7 | ||
| Sales/Fixed assets | 12.1 | ||
| Sales/Total assets | 3.0 | ||
| Net income/Sales | % | 1.2 | % |
| Net income/Total assets | % | 3.6 | % |
| Net income/Common equity | % | 9.0 | % |
| Total debt/Total assets | % | 10.0 | % |
| Total liabilities/Total assets | % | 60.0 | % |
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