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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