solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.

Balance Sheet as of December 31, 2010
Gary and Company
Cash	$45		Accounts payables	$45
Receivables	66		Notes payables	45
Inventory	159		Other current liabilities	21
Marketable securities	33		Total current liabilities	$111
Total current assets	$303
Net fixed assets	147		Long Term Liabilities
Total Assets	$450		Long-term debt	24
			Total Liabilities	$135
			Owners Equity
			Common stock	$114
			Retained earnings	201
			Total stockholders