Question 3 Ratios GP Net Profit Current Ratio Quick Ratio Inventory Turnover Account Payable Turnover Collection Period Fixed Asset Turnover D/E Ratio 2009 30% 10% 2% 1.1 12 10 2008 31% 10% 2.2% 0.9 10 12 2007 32% 9% 2.5% 7 8 16 52 days 45 days 4 1 3.5 60 days 3 1.2 1.1 Analyze the above mentioned financial situation of ABC Company and prepare a report based on your finding