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Question 33 (1 point) Given the industry averages in the table as well as the ratios of MexTech Corporation, determine if MexTech Corporation is above

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Question 33 (1 point) Given the industry averages in the table as well as the ratios of MexTech Corporation, determine if MexTech Corporation is above average or below average with respect to the short-term solvency (liquidity): Below/Above Average RATIO Current Ratio Total Asset Turnover Total Debt Ratio Profit Margin Return on Equity INDUSTRY AVERAGE 3.85 1.62 60% 14.03% 56.82% MexTech Corporation 5.11 2.07 36.27% 20.11% 70.37% Equal to the average Below average Above average Can't be determined

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