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Compare Outdoor Company's Return on Sales ratio to the industry average for 2020. Describe whether Outdoor Company or the industry ratio is better and what
Compare Outdoor Company's Return on Sales ratio to the industry average for 2020. Describe whether Outdoor Company or the industry ratio is better and what the ratio means. Outdoor Company Industry Ratios 2019 2020 average Profitability Return on sales 6.97 21%% 26% Return on Equity 3.11% 23,63% 9.35 Liquidity current Ratio 4.47 Quick Ratio 2.07 Activity accounts Receivable Turnon 12.77 Debt:Equity 0153 0.70 Debt:Total Assets 0. 37 0.63 T Paragraph V Arlal 3 (1280 Words:0
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