2. [6 pts). Based on information and results on above question (1), evaluate the firm's financial position at the end of year 2019 in terms of liquidity, activity, profitability and financial leverage. (Memo) Industrial averages: current ratio 2.00; Quick ratio 0.80; Average col- lection period 37; Inventory turnover 2.50; debt ratio 58%; times interest earned 3.80; operating profit margin 10%; Total asset turnover 1.14; and ROE 9.5%. 3. [3 pts). (Dupont Analysis). Analyze the impact of an increase of the average collection period well above the industrial level. Explain thoroughly and assures that sales amount does not change and the financial leverage multiplier decreases as a result of the aforementioned change in the current assets. State clearly any extra assumptions for your analysis. 0-6 618 2. [6 pts). Based on information and results on above question (1), evaluate the firm's financial position at the end of year 2019 in terms of liquidity, activity, profitability and financial leverage. (Memo) Industrial averages: current ratio 2.00; Quick ratio 0.80; Average col- lection period 37; Inventory turnover 2.50; debt ratio 58%; times interest earned 3.80; operating profit margin 10%; Total asset turnover 1.14; and ROE 9.5%. 3. [3 pts). (Dupont Analysis). Analyze the impact of an increase of the average collection period well above the industrial level. Explain thoroughly and assures that sales amount does not change and the financial leverage multiplier decreases as a result of the aforementioned change in the current assets. State clearly any extra assumptions for your analysis. 0-6 618