Mary Brown is a chess enthusiast and CEO of BuildPerfect, a company which manufactur chess sets and distributes them across North America. As Mary purchased a majority stak business recently and took over the CEO role, he is still seeking some help with fully understanding the business. Build Perfect produces several types of chess sets from vinyl materials. It has two business units, one vinyl and the premium Titan business unit. Mary strong manufacturing plants and a great team of management including a general manag manager, production manager and HR manager. He wishes to get advice, amongst other on running an ethical business (including accounting-specific elements). In the most recent management meeting, Mary and his management team discussed sor current financial results of the company. Profitability Capital structure Efficiency Profit margin (%) Return on total assets (%) Return on equity Liquidity Non-current to current assets (%) Debt ratio (%) Interest earned (times) Inventory turnover (times) Average collection period (days) Non-current asset turnover (times) Current ratio (times) Quick ratio (times) Build Perfect 9.8 8.7 9 86 47 23 3 38 2.4 2.3 1.7 Industry Average 11.2 10.1 13 101 65 12 5.5 28 3.1 1.6 1.1 Here are the scripts from the management meeting: Concerns were raised by the factory's Production Manager, who is known for his practi- approach. "This ratio business doesn't appeal to me at all. You can never be sure that t are prepared consistently on the same basis. I prefer looking at the absolute amount, w much more useful, in my opinion."

Mary Brown is a chess enthusiast and CEO of BuildPerfect, a company which manufactures chess sets and distributes them across North America. As Mary purchased a majority stake in business recently and took over the CEO role, he is still seeking some help with fully understanding the business. BuildPerfect produces several types of chess sets from vinyl to materials. It has two business units, one vinyl and the premium Titan business unit. Mary has strong manufacturing plants and a great team of management including a general manager, manager, production manager and HR manager. He wishes to get advice, amongst other thin on running an ethical business (including accounting-specific elements). In the most recent management meeting, Mary and his management team discussed some current financial results of the company. Here are the scripts from the management meeting: Concerns were raised by the factory's Production Manager, who is known for his practical approach. "This ratio business doesn't appeal to me at all. You can never be sure that the re prepared consistently on the same basis. I prefer looking at the absolute amount, whic nuch more useful, in my opinion