Financial Analysis A summary of the ratios calculated for the ABC Company is shown on the table below. The directors have requested comments on the company's performance and recommendations on how they might improve any areas of weakness identified in the analysis. In 10 sentences or more, make sure you cover the 4 categories of ratio analysis discussed in the Module PPT. Summary of Ratios 2019 2020 Industry Average Current Ratio 1.08 1.05 1.50 Acid-test Ratio 0.80 0.56 1.20 Inventory Turnover 5.40 4.10 3.80 Number of days Inventory68 89 96 DSO 26.10 26.30 35 Asset Turnover 1.50 1.31 2.30 Gross Profit Margin 77.58% 76.93% 82% Net Profit Margin 16.08% 17.42% 17% ROI 24.11% 22.88% 24% ROE 56.55% 50.40% 36% Debt to Equity 25.57% 25.16% 47% Debt to Total Assets 38.77% 35.99% 40% Times Interest Coverage 17.72 20.45 12 Earnings per Share Php23.50 Php30.50 Php75 Dividends per Share Php4.75 Php5 Php9