Question 4 (9 marks) Using the information provided below for James Hardie and Boral Limited: a) Review each ratio briefly stating what is tells you about the company and which company, it either, is better (7.5 marks) b) Based on your findings justify which company you would seriously consider for an investment. (1.5 marks) Profitability Ratios Item Net Profit Margin (%) ROE (%) ROA (%) James Hardie Boral Limited 03/19 06/19 9.80 7.59 25.22 7.51 7.03 5.38 Asset Efficiency Ratios Days Inventory Days Receivables Days Payables 46.22 35.33 37.20 43.03 53.15 52.39 Liquidity Ratios Current Ratio Quick Ratio 1.56 0.90 1.30 0.81 Capital Structure Ratios Gross Gearing (D/E) (%) Net Interest Cover 141.66 7.34 40.97 6.40 Market Performance PER 23.12 13.64