According to the ratios above: Profitability ratios, efficiency ratios, liquidity ratios, leverage ratios and investment ratios, analyze the firm's performance over 3 years, and also compare each of the ratios to the industry averages. Identify the strengths or weaknesses in terms of positive or negative trends.

2019 2020 2021 Industry Averages 25. 3% 15. 7% 15. 5% 47. 7% 28. 3% 17. 0% 16. 3% 49.8% 29. 4% 17.9% 17.4% 50. 4% 30. 0% | 11. 7% 14. 0% 42. 1% 75.6 21.0 30.5 101. 4% 76..6 22.9 27.4 104. 2% 82.2 25.4 25.6 102.8% 63.0 32.9 31. 1 79. 1% Profitability Ratios Return on Equity (Percentage to 1 decimal place) 2. Return on Capital Employed (Percentage to 1 decimal place) 3. Operating Profit Margin (Percentage to 1 decimal place) 4. Gross Profit Margin (Percentage to 1 decimal place) Efficiency Ratios 5. Average Inventory Turnover Period {No. of days to 1 decimal place) 6. Average Settlement Period for Accounts Receivab] {No. of days to 1 decimal place) 7. Average Settlement Period for Accounts Payable (No. of days to 1 decimal place) 8. Sales Revenue to Capital Employed (Percentage to 1 decimal place) Liquidity Ratios 9. Current Ratio Decimal value to 2 decimal places) 10. Acid Test Ratio Decimal value to 2 decimal places) Leverage Ratios 11. Gearing Ratio (Percentage to 1 decimal place) 12. Interest Cover Ratio decimal value to 2 decimal places) Investment Ratios 13. Dividend Payout Ratio (Percentage to 1 decimal place) 14. Dividend Yield (Percentage to 2 decimal places) 15. Earnings Per Share (Round to the nearest cent) 16. P/E Ratio* Decimal value to 1 decimal place) 2. 40 1. 58 2. 38 1. 51 2. 41 1. 50 3. 43 2.06 2. 3% 3. 48 2. 2% 3. 86 2. 0% 4. 20 58. 9% 4. 53 49. 1% 40.00% $0.23 9.3 44. 9% 43. 35% $0.31 6.5 41. 9% 41. 47% $0.38 5.7 40.7% 4. 32% $0.21 1