Determine the:

current ratio

average payment period

total assets turnover

fixes assets turnover

average collection period

inventory turnover

total debt to total assets

return on total assets

DuPont analysis

profit margin

12. Challenge Problem 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. DECEMBER 3 ASSETS Cash and marketable securities $25,000 $20,000 Accounts receivable Inventories Total current assets Gross plant and equipment Less: accumulated depreciation-100,000-75,000 Net plant and equipmert Land Total fixed assets Total assets LIABILITIES AND EQUITY Accounts payable Notes payable Accrued liabilities Total current liabilities 2015 2014 2013 $16,000 100,000 80,000 56,000 125,000 100,000 80,000 250,000 200,000 152,000 300,000 225,000 200,000 200,000 150,000 150,000 50,000 50,000 50,000 250,000 200,000 200,000 $500,000 $400,000 $352,000 $78,000 $65,000 $58,000 34,000 10,000 10,000 30,000 25,000 25,000 142,000 100,000 93,000