Rock Lee Construction, Inc's financial statements follow along with industry average ratios.

1. Assess the company's liquidity position and determine how it compares with peers and how the position changed over time.

2. Assess the company's asset management position how the position changed over time.

3. Assess the company's debt management position and determine how it compares with peers and how the position changed over time.

4. Assess the company's profitability ratios and determine how it compares with peers and how the position changed over time.

5. Assess the company's market value ratios and determine how it compares with peers and how the position changed over time.

Rock Lee Construction, Inc.: Balance Sheets as of Dec 31 \begin{tabular}{lrr} & 2018 (in \$) & 2019 (in \$) \\ Cash & 83,000 & 90,000 \\ Accounts Receivable & 228,000 & 339,000 \\ Inventories & 613,000 & 694,000 \\ Land and building & 271,000 & 238,000 \\ Machinery & 133,000 & 132,000 \\ Other fixed assets & 57,000 & 61,000 \\ Total Assets & 1,385,000 & 1,554,000 \\ \hline \hline \end{tabular} \begin{tabular}{lrr} Accounts and notes payable & 327,500 & 350,000 \\ Accrued liabilities & 162,000 & 170,000 \\ \cline { 2 - 3 } Total Current Liabilities & 489,500 & 520,000 \\ Long -term debt & 258,898 & 404,290 \\ Common stock & 375,000 & 375,000 \\ Retained earnings & 261,602 & 254,710 \\ Total liabilities and equity & 1,385,000 & 1,554,000 \\ \hline \hline \end{tabular} Rock Lee Construction, Inc.: Income Statements as of Dec 31 Per share data EPSCashDividendsMarketPrice(average)P/ERatioNumberofsharesoutstanding2018$4.17$0.95$23.575.65x23,0002019$0.80$1.10$12.3415.43x23,000 \begin{tabular}{lc} \multicolumn{1}{c}{ Industry Average } & \\ & 2019 \\ Current ratio & 2.7x \\ Inventory turnover & 7.0x \\ Day sales outstanding & 32 days \\ Total assets turnover & 2.6x \\ Return on assets & 9.10% \\ Return on equity & 18.20% \\ Profit margin & 3.50% \\ Debt-to-assets ratio & 50.00% \\ P/E ratio & 6.0x \end{tabular} *use 365 days * average are constant based on the past 4yrs