Please analyze each case utilizing the ratios and methods. Note that although dollar amounts are not provided, it is still possible to complete a multiple-year trend analysis of ratios for two of the cases.

Please ensure that the following questions are covered for each case:

• What type of company is it?
• Is the company doing well or poorly? What is its overall financial position?
• If multiple years are available, what is happening at the company over time based on the ratios given?
• How does the company compare to its industry either now or over time?
• What ratios need to improve and how?
• Which ratios are strong and why?

Schmidt Sportswear: C= company (= Industry 2016 2017 2018 Growth in Sales 1 NMF NMF 25% 10% 25% 12% Profit Margin 1 7.28% 7.82% 6.13% 7.83% 6.48% 7.98% ROA ! 8.02% 7.98% 6.70% 8.79% 5.54% 8.99% ROE 1 15.89% 14.28% 14.21% 15.62% 13.98% 16.03% Receivables Turn 1 7.05X 9.03X 5.80X 8.88X 5.22X 9.32x Average Collection 1 52 days 40 days 63 days 41.3 days 68.1 days 39 days Inventory Turnover I 5.23X 4.25x 5.75X 5.12X 6.48x 5.13x Fixed Asset Turnover ! 1.86X 1.63C 1.97% 1.64x 1.36X 1.77X Total Asset Turnover 1 1.1x 1.05X 1.11% 1.12X .89x 1.14X