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Using the ratios below, summarize the financial performance of the company. LIQUIDITY RATIOS     Current Ratio (times)     1.75 Quick Ratio (times)     0.52 Average Payment Period (days)     28.31 Days       ASSET MANAGEMENT RATIOS     Total Asset Turnover (times)     2.90 Average Collection Period (days)     24 Days Inventory Turnover (times)     5.70       FINANCIAL LEVERAGE RATIOS     Total Debt to Total Assets     0.37% Equity Multiplier (times)     1.59       PROFITABILITY RATIOS     Operating Profit Margin     5.66% Net Profit Margin     3.55% Return on Total Assets     16.57% Return on Equity     16.36% Earnings per Share

Using the ratios below, summarize the financial performance of the company. LIQUIDITY RATIOS     Current Ratio (times)     1.75 Quick Ratio (times)     0.52 Average Payment Period (days)     28.31 Days       ASSET MANAGEMENT RATIOS     Total Asset Turnover (times)     2.90 Average Collection Period (days)     24 Days Inventory Turnover (times)     5.70       FINANCIAL LEVERAGE RATIOS     Total Debt to Total Assets     0.37% Equity Multiplier (times)     1.59       PROFITABILITY RATIOS     Operating Profit Margin     5.66% Net Profit Margin     3.55% Return on Total Assets     16.57% Return on Equity     16.36% Earnings per Share

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the ratios below, summarize the financial performance of the company.

LIQUIDITY RATIOS    
Current Ratio (times)     1.75
Quick Ratio (times)     0.52
Average Payment Period (days)     28.31 Days
     
ASSET MANAGEMENT RATIOS    
Total Asset Turnover (times)     2.90
Average Collection Period (days)     24 Days
Inventory Turnover (times)     5.70
     
FINANCIAL LEVERAGE RATIOS    
Total Debt to Total Assets     0.37%
Equity Multiplier (times)     1.59
     
PROFITABILITY RATIOS    
Operating Profit Margin     5.66%
Net Profit Margin     3.55%
Return on Total Assets     16.57%
Return on Equity     16.36%
Earnings per Share     $0.99
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