comparative Balance sheet

The following financial data and ratios are typical of companies in Lydex company's industry:

Q$7$:$20$: Current ratio

Acid$-$test ratio

Average collection period

Average sale period

Return on assets

Debt$-$to$-$equity ratio

Iimes interest earned ratio

Price$-$earnings ratio

$2\mathrm{.}35$

$1\mathrm{.}2$

$32$ days

$60$ days

$8\mathrm{.}6\%$

$6\mathrm{.}7$

$5\mathrm{.}8$

$10$