A firm has a low asset turnover ratio. Explain what this means and how it can be remedied.

Explain what could cause a low net profit margin relative to the industry.

Define economic value added (EVA).

Define market value added (MVA).

What is the purpose of trend analysis and industry comparison?

Compared with industry, a company has a high current ratio and a low quick ratio. What is the most likely cause? What other ratios could be examined to support the finding?