Financial Analysis Ratios computed from information provided in the financial statements of Histrionic Company for 2000 and 2001 and comparable industry ratios are as follows:

Briefly discuss whether each of these ratios indicates that Histrionics is doing better or worse in the year 2001 than in 2000 and in comparison to industry averages.

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Historic Industry Company Average 2001 2000 2001 2000 Current ratio 2.15 2.85 2.76 2.55 Days sales in receivables 25 35 34 33 Debt to equity 1.69 1.40 1.16 1.18 Gross margin percentage .37 .45 Net income margin .09 .07 Return on assets .15 .14 .12 Dividend payout .65 .61 4898 .42 .44 .06 .06 .12 .60 .58