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Financial statement analysis The financial statements of Zach Industries for the year ended December 31,2015 , follow a. Use the financial statements to complete the following table. Assume the industry averages given in the table are applicable for both 2014 and 2015. a. The current ratio is (Round to two decimal places.) The quick ratio is . (Round to two decimal places.) The inventory turnover is . (Round to two decimal places.) The average collection period is days. (Round to one decimal place.) The debt ratio is %. (Round to one decimal place.) The times interest earned ratio is (Round to one decimal place.) The gross profit margin is %. (Round to one decimal place.) The net profit margin is \%. (Round to one decimal place.) The return on assets is \%. (Round to one decimal place) The return on common equity is \%. (Round to one decimal place.) The market/book value is . (Round to two decimal places.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) \begin{tabular}{lr} Operating profits & $17,000 \\ Less: Interest expense & 6,100 \\ Net profits before taxes & $10,900 \\ Less: Taxes & 4,360 \\ Net profits after taxes & $6,540 \\ \cline { 2 } \\ \hline \multicolumn{2}{c}{ Zach Industries Balance Sheet } \\ December 31, 2015 \end{tabular} \begin{tabular}{l} Assets \\ \hline Cash \\ Marketable securities \\ Accounts receivable \\ Inventories \\ Total current assets \\ Land \\ Buildings and equipment \\ Less: Accumulated deprecia \\ Net fixed assets \\ Total assets \\ Liabilities and Stockholde \\ \hline Accounts payable \\ Notes payable \\ Total current liabilities \end{tabular} \begin{tabular}{lr} Total current liabilities & 47,000 \\ \cline { 2 } Long-term debt & $69,000 \\ Common stock & $22,950 \\ Retained earnings & $31,500 \\ Total liabilities and stockholders' equity & $26,550 \\ \cline { 2 } & $150,000 \\ \hline \hline \end{tabular} *The firm's 3,000 outstanding shares of common stock closed 2015 at a price of $25 per share. Click on the icon located on the top-right corner of the data table below in order to copy its ontents into a spreadsheet.)