TO FIND WITH FORMULAS: 1. Working Capital 2. Liquidity 3. Operating Performance 4. Investment Performance 5. Compared to the industry averagein which areas is this companyunderperforming?

\begin{tabular}{|l|l|c|c|} \hline \multicolumn{2}{|c|}{ Liquidity } & Industry Avg. \\ \hline Working capital & Current Assets - Current Liabilities & \\ \hline Current Ratio & Current Assets/Current Liabilities & 1.3 \\ \hline Quick ratio & Cash and equivalence only/Current Liability & & 0.8 \\ \hline Average collection period & Account receivable/Avg. daily sale & 35 \\ \hline Average payment period & Account payable/Avg. daily cost of sale & & 35 \\ \hline Inventory days & inventories/COGs/365 & 45 \\ \hline \multicolumn{2}{|l|}{ Operating Performance } & \\ \hline Inventory Turnover & Cost of goods sold/inventory & 8 \\ \hline Accounts Receivable Turnover & Sale/Account receivable & 10 \\ \hline Accounts Payable Turnover & Cost of goods sold/account payable & 10 \\ \hline Times Interest Earned & Operation income/interest expense & 3 \\ \hline & \multicolumn{1}{|l|}{ Investment Return } & 25% \\ \hline Operating Income Margin & Operation income/Sales & 3 \\ \hline Total Asset Turnover & Sales/total assets & 32% \\ \hline Return on Equity & Net Income/Common Equity & \\ \hline \end{tabular}