From these ratios, analyze the financial performance of Dandy.

Dandy Distributors Ltd. Selected Financial Ratios 2020 industry average 2018 1.9 1.5 1.7 94 67 a. Current ratio b. Acid-test ratio C. Accounts rec. collection (days) d. Days of sales in inventory e. Revenue operating cycle (days) f. Gross profit ratio g. Operating profit ratio h. Net profit ratio i. Sales to total assets ratio j. Return on total assets ratio k. Return on s/h equity ratio 1. Debt to s/h equity ratio m. Times interest earned n. Earnings (loss) per common share o. Price-earnings ratio (given) p. Dividend yield per common share (given) 60 139 Dandy's ratios 2020 2019 1.9 2.4 1.2 71 79 56 127 24.0% 23.0% 7.4% 4.9% 3.9% 1.9% 0.96 0.9 3.8% 4.2% 12.2% 6.4% 1.2 70 52 122 25.7% 8.2% 4.3% 1.0 7.8% 14.2% 167 22.8% 4.3% 1.6% 0.7 3.4% 5.2% 3.0 2.2 2.7 1.2 2.4 $1.72 2.6 $1.22 $0.51 $0.43 15 5% 5% 5% 6%