Create a 500 essay on the Prestige performance which is in the last column compared to the industry average of the financial ratio. Please make use of all the ratios with comparable figures and  make recommendations.

 

Performance Industry No. Measures Average Prestige Performance 1 Liquidity Working Capital Current 2 1.5 Ratio 1.87 3 Quick Ratio 1.2 1.8 Average 4 Collection 32 Period 54.5 Avg Daily Credit Sales Average 5 Payment 35 Period 48.6 Avg Daily Credit Sales Inventory 6 Days 40 97.3 Operating Performace Prestige Performance Inventory 7 5 Turnover 37.5 Accounts 8 Receivables 8 Turnover 6.67 Accounts 9 Payable 8 Turnover 7.5 Times 10 Interest 3 Earned Ratio Investment Return (ROI) Operating Prestige Performance 2.75 11 Income 18% Margin 11% Total Asset 12 3 Turnover 0.88 Return On 13 22% Equity 8.40%