Management wants to determine some plans of action in several areas of the company to improve efficiency and overall value. The following ratios were observed: Company Industry Average Current Ratio 1.6 2.6 Net Profit Margin 6.5% 6.5% 30 days Average Collection Period(ACP) 44 days Total Asset Turnover 5.0 x 7.5 X Debt Ratio 20% 40% b) (10 pts) For each a) (10 pts) In which category of ratios does each of the ratios belong? Examples of a category of ratios is Liquidity, Activity, and so on. category in part a, discuss the financial strength/weakness AND include some possible management action