2019 2019 2020 Industry 1.2 2.9 1.2 Liquidity ratios Current ratio Acid-test ratio Asset-management or activity ratios Inventory turnover ratio Average collection period (days) Average payment period (days) Fixed asset turnover Total asset turnover Financial-leverage ratios Total debt to total assets (96) Debt to equity (%) Interest coverage Fixed charge coverage Profitability ratios Gross margin on sales (%) Profit margin on sales (96) Return on assets (96) Return on equity (9) 9.3 38 90 3.1 1.9 40.5 110.2 5.7 4.9 I 13.6 4.6 8.7 14.9 4) Pick 5 ratios that you believe are crucial to for decision making about whether the company is doing well or not. Provide reasons for the choices. (10 marks) 5) Assume your group is an investment firm, if you have R10 million to invest, would you invest in this company or not? WHY? a. Be objective when answering this question, use the information given. b. Be analytical using the given information (15 marks) D Foc