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1. You have been hired as an analyst for an advisory company and your team is working on an independent assessment of G-Aviation. G-Aviation is

1. You have been hired as an analyst for an advisory company and your team is working on an independent assessment of G-Aviation. G-Aviation is a firm that specializes in the production of aviation material. Your assistant has provided you with the following data for G-Aviation and their industry.

Ratio

2019

2018

2017

2019-

Industry Average

Long-term debt

0.45

0.40

0.35

0.35

Inventory Turnover

62.65

42.42

32.25

53.25

Depreciation/Total Assets

0.25

0.014

0.018

0.015

Days sales in receivables

113

98

94

130.25

Debt to Equity

0.75

0.85

0.90

0.88

Profit Margin

0.082

0.07

0.06

0.075

Total Asset Turnover

0.54

0.65

0.70

0.40

Quick Ratio

1.028

1.03

1.029

1.031

Current Ratio

1.33

1.21

1.15

1.25

Times Interest Earned

0.9

4.375

4.45

4.65

Equity Multiplier

1.75

1.85

1.90

1.88

Your team was asked to provide the CEO with an assessment of the firm's solvency and leverage. Be as complete as possible given the above information, but please do not use any irrelevant information.

*Please help me put it in spreadsheet form

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