Question: Cross-sectional ratio analysis Use the financial statement for Fox manufacturing Company for the year ended December 31, 2019, along with the industry average ratios, to:

Cross-sectional ratio analysis Use the financial statement for Fox manufacturing Company for the year ended December 31, 2019, along with the industry average ratios, to:

a. Prepare and interpret a common ratio analysis of the firm's 2019 operations.

b. Summarize your findings and make recommendations.

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