4. Financial ratio data is listed below for Gallery of Dreams. Construct a list of strengths and weaknesses for the firm after analyzing the ratios. Gallery of Dreams Ratios Industry 2015 2014 2013 Ratio 4.48x 1.47x 4.06x 1.18x 3.48x 0.96x 9 days 2.50x 0.80x 11 days 2.30x 15 days 17.50x 2.80x 62.00% Current Quick Average collection period Inventory turnover Days payable outstanding Fixed asset turnover Total asset turnover Debt ratio Long term debt to total capitalization 16 days 15 days 1.24x 12 days 9.09x 1.37x 8 days 1.19x 11 days 9.74x 1.50x 29.47% 8.85x 1.82x 39.1 7% 1.67x 34.04% 22.33% 14.23x 18.91% 14.09% 22.02x 25.53% 9.93x 8.69x 31.10% 8.06% 4.32% 9.21% 11.34% 19.00x Times interest earned Fixed charge coverage Gross profit margin Operating profit margin Net profit margin Return on investment Return on equity 4.59x 59.21% 22.05% 11.89% 17.97% 24.14% 4.47x 59.39% 2 1.86% I 1.00% 18.28% 27.51% 4.25x 58.52% 20.52% 10.97% 18.35% 29.88%