Financial ratio data is listed below for Crazy A's Horse Trailers. Construct a list of strengths and weaknesses for the firm after analyzing the ratios. Comments are required.

Crazy A's Horse Trailers Ratios
Ratio	Industry 2009	2009	2008	2007
Current	1.20x	1.18x	1.20x	1.35x
Quick	0.20x	0.18x	0.21x	0.26x
Cash Flow Liquidity	0.50x	(0.11x)	(0.09x)	(0.05x)
Average Collection Period	4 days	9 days	8 days	6 days
Days Inventory Held	75 days	106 days	99 days	90 days
Days payable outstanding	10 days	11 days	12 days	8 days
Fixed Asset Turnover	11.30x	8.84x	8.89x	8.95x

Total Asset Turnover	2.50x	2.20x	2.27x	2.42x
Debt Ratio	75.10%	78.47%	76.04%	70.17%
Long Term Debt to Total Capitalization	29.30%	41.09%	36.91%	35.33%
Debt to Equity	3.50x	3.65x	3.17x	2.35x
Times Interest Earned	2.40x	1.72x	2.00x	2.23x
Fixed Charge Coverage	1.50x	1.59x	1.77x	1.85x
Gross Profit Margin	23.10%	21.21%	22.39%	23.52%
Operating Profit Margin	2.00%	3.05%	2.86%	2.52%
Net Profit Margin	1.10%	0.89%	1.00%	0.97%
Cash Flow Margin	4.30%	(5.31%)	(5.15%)	(4.48%)
Return on Investment	2.75%	1.97%	2.28%	2.35%

Return on Equity

11.04%

9.14%

9.51%

7.88%