50 RR Industry 51 Current 1.75 2.25 32 Quick 0.92 1.16 33 TL assets 58.76% 50.00% 34. Turnover of cash 16.67 22.22 35 Days sales outstanding (365 day basis) 45.63 32.00 36 Inventory turnover 10.80 20.00 37 Fixed assets turnover 7.75 13.22 38 Total assets turnover 2.60 3.00 39 Profit margin on sales 2.07% 3.50% 40 Return on equity (ROE) 10.45% 21.00% 41 Payables deferral period 30.00 33.00 42 43 a. Johnson plans to use the preceding ratios as the starting point for discussions with RR's operating team. Based on 44 the data, does RR seem to be following a relaxed, moderate, or restricted current asset usage policy? See Ch16 Mini