Ratios for 3M are in the photo below. Analyze the overall trend in each ratio category and compare to the industry average. In addition comment on at least three ratios that you would investigate further. Describe why those ratios caught your attention, either positively or negatively.

Ratios for 3M are below. Analyze the overall trend in each ratio category and compare to the industry average. In addition, comment on at least three ratios that you would Describe why those ratios caught your attention, either positively or negatively Value 2014 Value 2015 Value 2016 Ind Avg 2016 1.58 1.70 2.20 2.25 Current Liquidity 1.18 1.18 1.58 1.62 Quick 0.41 0.38 0.40 Working Capital Ratio 0.39 4.98 4.17 4.09 4.59 Asset Management Inventory Turnover 48.21 45.69 46.83 Days Sales in Inventory 42.11 Efficiency 6.45 7,26 7,36 Receivables Turnover 7.66 56.92 50.28 49.57 Days Sales Outstanding 47.67 4.11 3.57 3.57 Fixed Assets Turnover 3.86 0.84 0.92 0.88 Total Assets Turnover 0.9 Value 2014 Value 2015 Value 2016 Ind Avg 2016 Ratio 0.60 0.47 0.47 0.50 Debt Management Total Debt Ratio 96 0.87 0.99 Financial Leverage Debt-Equity 2.96 1.87 88 99 Equity Multiplier 37.12 49,11 Times Interest Earned 42.03 42.05% 47.83% 47.55% 47.00% Gross Profit Margin 35.94% Profitability 21.68% 20.86% operating Margin 10.77% 15.29% 14,86% 14,46% Net Profit Margin 8.22% 5.29% 14.86% 13.55% Return on Assets 14.68% 27.00% 24.63% 26. Return on Equity Value 2014 Value 2015 Value 2016 Ind Avg 2016 19.94 14.5 13.51 Price/Eamings 5.0 Market Value 3.57 3.65 Market/Book 2.6 Owner 3.01 1.96 Price/Sales Ratio