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Financial statement analysis The financial statements of Zach Industries for the year ended December 31, 2015, follow a. Use the financial statements to complete the

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Financial statement analysis The financial statements of Zach Industries for the year ended December 31, 2015, follow a. Use the financial statements to complete the following table. Assume the industry averages given in the table are applicable for both 2014 and 2015 Data Table a. The current ratio is(Round to two decimal places.) The quick ratio is(Round to two decimal places.) The inventory tunover is (Round to two decimal places.) The average collection period is days. (Round to one decimal place.) The debt ratio is %.(Round to one decimal place.) The times interest earned ratio is. (Round to one decimal place.) The gross profit margin is[N, (Round to one decimal place.) The net profit margin is | %. (Round to one decimal place.) The retum on assets is The retum on common equity is | %. (Round to one decimal place.) The market/book value is (Round to two decimal places.) Enter your answer in the edit fields and then click Check Answer. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Ratio Industry average 1.80 0.70 2.50 37.5 days 65.0% 3.8 38% 3.5% 40% 9.5% Actual 2014 1.84 0.78 2.59 36.5 days 670% 4.0 40% 3.6% 4.0% 8.0% Actual 2015 Current ratio Quick ratio Inventory turnover* Average collection period* Debt ratio Times interest earned ratio Gross profit margin Net profit margin Return on total assets Return on common equitiy Market/book ratic Based on a 365-day year and end-of-year figures. Round to one decimal place) Print Done

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