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Tablet Firm X INDUSTRY AVERAGE 3.85 2.96 Current Ratio 1.62 172 Total Asset Turnover Total Debt Ratio 0.24 0.60 Retum on Equity 59.22% 56.82% Profit

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Tablet Firm X INDUSTRY AVERAGE 3.85 2.96 Current Ratio 1.62 172 Total Asset Turnover Total Debt Ratio 0.24 0.60 Retum on Equity 59.22% 56.82% Profit Margin 12.03% 14,03% Use Info in table 1 to determine compare X with its Industry average and determine if X is above average or below average with respect to each of the following area of financial performance. In the area of liquidity, X ls_compared with industry average

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