Question: Perform a ratio analysis and comment on the internal trend, industry benchmark and possible ways to improve each ratio listed below. The use of bullet
Perform a ratio analysis and comment on the internal trend, industry benchmark and possible ways to improve each ratio listed below. The use of bullet form is acceptable. 2020 2019 2018 Industry Profit Margin 7.00% 6.50% 6.20% 7.50% Total Asset Turnover 1.30 1.25 1.20 1.10 ROA 9.10% 8.13% 7.44% 8.25% Receivable Turnover 6.00 6.25 6.50 8.00 Inventory Turnover 10.50 11.5 11.00 10.00 Current Ratio 2.20 2.30 2.30 2.40 Debt to Total Assets 56.00% 54.00% 52.00% 45.00% Times Interest Earned 3.90 4.00 4.10 5.00 A/P Turnover 7.00 8.00 9.00 10.00
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