Formulas with terms from MarketWatch	2016	2017	2018	2019	2020		Current	Industry
Current Ratio	Total Current Assets/Total Current Liabilities	1.18	1.22	1.15	1.11	1.19		1.48	1.15
Quick Ratio	(Total Current Assets-Inventories)/Total Current Liabilities	1.15	1.19	1.12	1.08	1.15		NA	1.08
Debt to Equity Ratio	Total Liabilities/Common Equity (Total)	98.64	44.82	15.56	16.69	93.97		1.73	1.15
Times Interest Earned Ratio	EBIT after Unusual Expense/Interest Expense	14.15	0.11	12.20	12.10	10.98		NA	NA
Gross Profit Margin (%)	Gross Income/(Sales/Revenue)	20.40%	20.06%	19.71%	21.77%	25.80%		78.48%	33.30%
Return on Sales (%) (Net Profit Margin)	Net Income/(Sales/Revenue)	5.67%	7.38%	6.66%	6.01%	1.59%		1.59%	4.89%
Return on Total Assets (%)	Net Income/Total Assets	8.49%	10.77%	9.58%	7.67%	2.15%		10.07%	4.81%
Return on Common Equity (%)	Net Income/Common Equity (Total)	846.91%	493.96%	158.61%	135.78%	203.96%		73.16%	12.01%
Price/Earnings Ratio	Market price per share of common stock/ Earning per share (see note in #1 above)	29.47	21.16	17.64	22.77	108.65		28.74	NA

1. Time Series Analysis (Describe the 5-year trend for each ratio and what it tells you about the company)

2. Cross-Sectional Analysis (For each ratio, explain how your company compares to the industry)