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Question 10 9 Points Parker Corporation is a machinery manufacturing company located in Morganton, NC, USA. The company's management wanted to measure their performance compared

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Question 10 9 Points Parker Corporation is a machinery manufacturing company located in Morganton, NC, USA. The company's management wanted to measure their performance compared to the Industry (Table 2). a) Using the latest financial statements, which is given below (Table 1) 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). TRAINING MAREK Last saved 10:08 os minutes remaining OWI Earnings Per Share Market price per share = 35 Table 2: Industry Average Industry Average Ratio Current Ratio 6.4 Quick Ratio 3.10 18 Days. Average Collection Period Operating Return on Assets Debt Ratio 40% 48.5% ROE 40.33%

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