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DEF Retailers has provided the following financial ratios for the year 2023: Current Ratio: 1.8 Quick Ratio: 1.2 Debt-to-Equity Ratio: 0.6 Return on Assets (ROA):

DEF Retailers has provided the following financial ratios for the year 2023:

Current Ratio: 1.8

Quick Ratio: 1.2

Debt-to-Equity Ratio: 0.6

Return on Assets (ROA): 8%

Return on Equity (ROE): 12%

Requirements:

Analyze the liquidity position of the company.

Evaluate the company's financial leverage.

Assess the profitability ratios.

Compare the ratios to industry benchmarks.

Provide recommendations for improving financial performance.

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