Review the financial ratios of company X and its competitor and fill in the blanks.

Now fill in the blanks:

	Company X	Competitor
ROE (%)	54	48
ROA (%)	36	24
Debt-to-equity	0.5	1
Current ratio	1.25	1.47
Quick ratio	0.45	0.67
Net profit margin	24	12
Financial leverage	1.5	2
Interest coverage	35	55
Total asset turnover	1.5	2
Days of sales outstanding	77	83
Days of inventory outstanding	210	189

Now fill in the blanks:

(Company X OR Competitor) is operationally more effective, i.e., its assets are more profitable. This company outperforms operationally because (it has used more assets more effectively for generating sales OR its sales are more profitable).

Note: I dont have access to excel. So please do not use excel to answer this question. Please and thank you.