Question: This is financial statement analysis subject.. The question below i have done the table and the final answer is there.. I just need the compare
This is financial statement analysis subject.. The question below i have done the table and the final answer is there.. I just need the compare the trends in the ratios to the industry averages.. plz help me on that

Ratios Gearing ratio (Debt Equity ratio) Quick ratio Industry Average 2019 2018 2017 05 0.9 0.5 0.3 0.7 1.1 1.6 Current ratio 25 2.2 2.9 3.2 Inventory Turnover (Times) 6 times 3.4 times 5.4 times 8.3 times Debtor asset Tumover 33 8.6 105 13.0 Fixed asset Turnover 13 times 11.8 times 11.4 times 10.3 times Total assets tumover 2.6 23 29 3.4 Return on total assets 9.0% 8.7% 15.0% 26.5% Profit margin 3.5% 2.0% 3.5% 5.4%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
