To help decide whether to grant the loan, compute the following ratios and compare the results with the company's previous year ratios and industry averages. Assume there are $365$ days in a year. Do not round intermediate calculations. Round your answers to two decimal places.

Current ratio of times is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Quick ratio of times is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Inventory turnover ratio of is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Average collection period of days is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Debt ratio of $\%$ is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Times$-$interest$-$earned ratio of is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Return on equity ratio of $\%$ is $(-$Select$-)$the industry average and $(-$Select$-)$ the ratio in the previous year.

Return on assets ratio of $\%$ is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Operating profit margin ratio of $\%$ is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

Net profit margin ratio of $\%$ is $(-$Select$-)$ the industry average and $(-$Select$-)$ the ratio in the previous year.

$-$Select$-$ : More than, Less Than, Equal ToJoseph Berio is a loan officer with the First Bank of Tennessee. Red Brick, Inc., a major producer of masonry products, has applied for a short$-$term loan.

Red Brick supplies building material throughout the southern states, with brick plants located in Tennessee, Alabama, Georgia, and Indiana.

The firm's income statement and balance sheet are given below. The third table presents both a ratio analysis of Red Brick's previous year's financial

statements and the industry averages of the ratios.

Red Brick Income Statement

Red Brick Balance Sheet as of $12/31/20$X$2$

$"50\%$ of sales are on credit.

$$ Previous year's inventory was $$52,300,000.$