Calculate the following ratios for Mowing & Maintenance, Inc. for 2016 and 2017.

Mowing & Maintenance, Inc.

2017 2018 Industry Average a. Current ratio 2.00 times b. Quick ratio 1.20 times c. Inventory turnover 3.60 times d. Days sales outstanding 101 days e. Fixed asset turnover 1.25 times f. Total asset turnover 0.85 times g. Debt ratio 62.50% h. Times interest earned 8.50 times i. Profit margin 28.75% j. ROA 19.75% k. ROE 36.88% l. Market-to-book ratio 2.55 times m. PE ratio 15.60 times