Analyze the financial performance of A&G Corporation relative to the industry. The following table shows the selected ratios of A&G Corporation and its industry median: (15 marks)

A&G Industry Median Current ratio 0.75 1.43 Quick ratio 0.39 0.38 Total asset turnover 1.67 0.85 Inventory turnover 21.43 6.15 Receivables turnover 43.05 9.82 Debt ratio 0.45 0.52 Profit margin 5.04% 6.98% Return on assets 8.40% 10.53% Return on equity 15.27% 16.54%