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I need the answer but also an explanation and breakdown of the price Question 9 Ashu Electronic Berhad, operate electronic stores throughout the Malaysia, most

I need the answer but also an explanation and breakdown of the price

Question 9

  1. Ashu Electronic Berhad, operate electronic stores throughout the Malaysia, most recent key financial ratios and its major competitors data are given in the following table.

Ashu Electronics

Tong Electronics

Current ratio

1.14

1.25

Inventory turnover

24.0

23.0

Times interest earned

3.48

20.0

Total assets turnover

2.00

2.02

Operating profit margin

8.85%

18.6%

Debt ratio

0.56

0.34

Average collection period

55 days

33 days

Return on equity

18%

26%

Analyse the performance of Ashu Electronic and comment the weakness in the performance of Ashu Electronic as compared to Tong Electronic that management of Ashu Electronic management might need to improve its operations.

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