CAB Co. (CAB), a publicly accountable company specializing in childrens clothing, activities, and toys, wishes to benchmark its financial results against industry leaders for the current fiscal year. CABs chief executive officer feels that benchmarking CABs results will help identify its strengths and weaknesses.

Below is some information on CAB compared to the industry average:

Ratio	CAB Co.	Industry average
Current ratio	1.02	1.05
Gross margin	30%	33%
Debt-to-equity	0.6	0.5
Return on equity	23%	20%
Accounts receivable days	23	31
Earnings per share	2.03	2.84
Inventory days	24	26
Quick ratio	1.2	1.3

Required:

1. Evaluate CABs liquidity compared to the industry average, using two

1. Evaluate CABs profitability compared to the industry average, using three

1. Evaluate CABs solvency compared to the industry average, using one

1. Evaluate how well CAB manages its assets compared to the industry average, using two ratios.