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can someone answer please Question 2 Not yet answered An analyst computes the following ratios for Iris Carpeting Inc. and compares the results to the
can someone answer please Question 2 Not yet answered An analyst computes the following ratios for Iris Carpeting Inc. and compares the results to the industry averages. Marked out of 350 P Flag question Iris Carpeting Industry Average 2.3x 1.8% Financial Ratios Current Ratio Net Profit Margin Return on Equity Total Debt / Total Equity 225 24% 17% 20% 35% 56% Times Interest Earned 4.7x 4.1x Required: Based on the above data, state your comments on the liquidity, profitability and debt position of the company as compared to the industry. (CLO 1) 7 A B 1
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