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A firm has net profit margin, average collection period, ITO, TIE and Debt to Equity of 7%, 20 days, 3 times, 2 times and 1.5,
A firm has net profit margin, average collection period, ITO, TIE and Debt to Equity of 7%, 20 days, 3 times, 2 times and 1.5, respectively. The industry has 4%, 30 days, 6 times, 4 times and 1 respectively. Discuss the performance of the firm versus the industry.
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