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Calculate and interpret the following ratios. Industry averages have been listed next to each ratio ( 3 points for each ratio calculation; 24 points total):

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Calculate and interpret the following ratios. Industry averages have been listed next to each ratio ( 3 points for each ratio calculation; 24 points total): Return on assets: 5.2% Current ratio: 2.0 Days cash on hand: 22 days Average collection period: 19 days Debt ratio: 71% Debt-to-equity ratio: 2.5 Times interest earned ratio: 2.6 Fixed-asset turnover ratio: 1.4

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