Boat Manufacturing Industry Ratios

	Lower Quartile	Median	Upper Quartile
Current Ratio	.50	1.43	1.89
Quick Ratio	.21	.38	.62
Total Asset Turnover	.68	.85	1.38
Inventory Turnover	4.89	6.15	10.89
Receivable Turnover	6.27	9.82	14.11
Total Debt Ratio	.44	.52	.61
Debt to Equity Ratio	.79	1.08	1.56
Equity Multiplier	1.79	2.08	2.56
Times Interest Earned	5.18	8.06	9.83
Profit Margin	4.05%	6.98%	9.87%
Return On Assets	6.05%	10.53%	13.21%
Return On Equity	9.93%	16.54%	26.15%

a. Calculate all of the ratios listed in the industry table for Cape Fear Marine.

b. Compare the performace of Cape Fear Marine with the industry as a whole. For each ratio, comment on why it might be viewed as a positive or negative relative to the industry.