To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's industry:

$\backslash$table$[[$Current ratio,$2\mathrm{.}3],[$Acid$-$test ratio,$1\mathrm{.}6],[$Average collection period,$46$ days$],[$Average sale period,$60$ days$],[$Raturn on assets,$8\mathrm{.}7\%$