Parker Corporation is a machinery manufacturing company located in Morganton, NC, USA. The companys management wanted to measure their performance compared to the Industry (Table 2).

a) Using the latest financial statements, which is given below (Table1) calculate the following performance measures:

1- Current Ratio

2- Quick Ratio

3- Average Collection Period

4- Operating Return on Assets

5- Debt Ratio

6- ROE

b) Interpret the results (refer to Table 2).