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SECTION B: Financial Statement Ratios Analysis ( 5 0 MARKS ) Given the following information of industry average financial ratios and financial statements of NYDC

SECTION B: Financial Statement Ratios Analysis
(50 MARKS)
Given the following information of industry average financial ratios and financial statements of NYDC Berhad, a plastic manufacturing company for your reference to answer the questions.
\table[[RATIOS,INDUSTRY AVERAGE],[CURRENT RATIO,5.00],[ACIS-TEST (QUICK) RATIO,3.00],[INVENTORY TURNOVER,2.20],[AVERAGE COLLECTION PERIOD,90.00],[DEBT RATIO,0.33],[TIMES INTEREST EARNED,7.00],[TOTAL ASSET TURNOVER,0.75],[FIXED ASSET TURNOVER,1.00],[OPERATING PROFIT MARGIN,20%
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