Name of Company and Ticker Symbol: TIME WARNER

20XX 20XX 20XX** Industry Average***

Inventory Turnover (CGS*/Inv.) ) -- -- -- -- -- --

Fixed Asset Turnover (Sales/Net PPE) -- -- -- -- -- --

Total Asset Turnover (Sales/Total Assets) -- -- -- -- -- --*

use Cost of Goods sold to make the comparison to the industry average more accurate. **most recent year *** list all 3 industry average figures for each ratio Evaluation: Interpret each of the ratios and review the >Financial Ratios Guidelines document for direction. Do you see any red flags? Does it appear as though the company is making efficient use of its assets to generate sales? (15 points)