$1.$ Calculate the followig ratios for $2019$ and the ratios for $2018$ that are not provided to two decimal places.

$2.$ Please note next to each ratio what this ratio tells us$.$

$3.$ Please compare the company ratios with the industry averages noted at the end of the page and determine how the company compares to the industry.

$20192018$

Inventory turnover ratio $3\mathrm{.}95$

Average age of inventory $92\mathrm{.}41$

Receivables turnover ratio $10\mathrm{.}31$

Average collection period $35\mathrm{.}40$

Total asset turnover ratio

Fixed asset turnover ratio

Debt ratio

Debt$-$equity ratio

Times$-$interest earned

Profit margin

Earnings per share

Assets $20192018$ Liabilities and equity $20192018$

Cash and cash equivalents $ $4,000$ $ $5,100$ Accounts payable $ $2,600$ $ $2,220$

Short$-$term investments $2001000$ Accruals $4,3002,560$

Accounts Receivable $4,2003,500$ Notes payable $10340$

Inventories $5,8005,400$ Other Current liabilities $970870$

Other Current Assets $2,000140$ Total current liabilities$7,8805,990$

Total current assets $16,20015,140$ Long$-$term debt $3,5003,670$

Land and Buildings $2,7742,540$ Deferred income taxes $3,0113,220$

Machinery and Equipment $6,7006,600$ Total liabilities $14,39112,880$

Total gross fixed assets $9,4749,140$ Common stock $33$

Less: Depreciation $-4,700-4,500$ Additional Paid$-$In Capital $7,1506,346$

Net fixed assets $4,7744,640$ Retained Earnings $1,8803,501$

Goodwill $440440$ Total common equity $9,0339,850$

Deferred income taxes $2,0102,510$

Total assets $ $23,424$ $ $22,730$ Total liabilities and equity $ $23,424$ $ $22,730$

Table $3\mathrm{.}15$Niks$2,$ Inc. Income Statement $($Millions of Dollars$)$

$20192018$

Sales $ $40,000$ $ $37,000$

COGS $22,00020,400$

Gross Profits $18,00016,600$

Less Operating Expenses

Overhead $($excl$.$ depreciation$)12,00010,700$

EBITDA $6,0005,900$

Depreciation $700500$

Operating Profit $($EBIT$)5,3005,400$

Interest expense $5050$

Net Profit before Taxes $($EBT$)5,2505,350$

Taxes $(21\%)11031124$

Net Income $ $4,147$ $ $4,226$

Number of shares of common stock outstanding $1,570$ in $2018$ and $2019$

Industry Averages:

Inventory turnover ratio $4$

Average age of inventory $89$

Receivables turnover ratio $10$

Average collection period $30$

Total asset turnover ratio $1\mathrm{.}8$

Fixed asset turnover ratio $9$

Debt ratio $0\mathrm{.}61$

Debt$-$equity ratio $1\mathrm{.}52$

Times$-$interest earned $6$

Profit margin $0\mathrm{.}42$

Earnings per share $$2\mathrm{.}50$

$*$ The compan y paid out a portion of the net income as dividends in $2018$ and $2019.$