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Using the provided data - South Plains Chemical Financial Statements and the Industry Averages. Evaluate South Plains Chemical Company using industry analysis and give your recommendation on whether you would recommend to Invest on the company or not. Justify your position by showing supporting information using industry analysis/cross-sectional analysis of financial ratios.

South Plains Chemical Company Balance Sheet (S thousands) Cash $ 1,250 Accounts receivable 8,000 Current liabilities $10,000 Inventory 12,000 Long-term debt 8,000 Current assets 21,250 Stockholders' equity 12,000 Fixed and other assets 8,750 Total liabilities and Total assets $30,000 stockholders' equity $30,000 South Plains Chemical Company Income Statement (S thousands) Sales $ 50,000 Cost of goods sold 25,000 Operating expenses 15,000 Operating profit 10,000 Interest expense 2.500 Taxes 2.500 Net profit 5.000 Dividends paid to common stockholders ($ in thousands) $ 1,250 Number of common shares outstanding 5 million Recent market price of the common stock 25Latest Latest Industry Industry Averages Averages Liquidity Profitability a. Net working capital N/A h. Net profit margin 8.5% b. Current ratio 1.95 i. Return on assets 22.5% Activity j. ROE 32.2% c. Receivables turnover 5.95 Common Stock Ratios d. Inventory turnover 4.50 k. Earnings per share $2.00 e. Total asset turnover 2.65 1. Price/earnings ratio 20.0 Leverage m. Dividends per share $1.00 f. Debt-equity ratio 0.45 n. Dividend yield 2.5% g. Times interest earned 6.75 o. Payout ratio 50.0% p. Book value per share $6.25 q. Price-to-book-value ratio 6.4