Can a Ratio Be Too Good? Tony Christopher is analyzing the financial statements of Shaycole Company and has computed the following ratios. Shaycole Industry Comparison 47 48 times 61 times 274 times 87 times 01170864 19 Current ratio Inventory turnover Accounts receivable turnove Debt-to-equity ratio Andy Martinez, Tony's colleague, tells Tony that Shaycole looks great. Andy points out that although Shaycole's ratios deviate significantly from the industry norms, all deviations suggest that Shaycole is doing better than other firms in its industry. Is Andy right