Use Dylex Corporation's financial statements to compute the below ratios. Compared to the industry averages provided in the question data determine if the ratio is favourable or unfavourable. Also select the ratio type it represents. Please make sure your final answer(s) are accurate to 2 decimal places and don't use percentages. For your analysis, assume that all other things have remained constant. Apply your analysis in very general terms.

Ratio	2015	Industry Average	Favourable/Unfavourable	Ratio Type
Days' sales in inventory		4.42
Days' sales uncollected		7.12
Inventory turnover		63.3
Book value per common share		35.82
Equity ratio		0.6

	Balance Sheet
Assets	2015	2014
Cash	16600	16200
Short-term investments	37000	39000
Accounts receivable, net	23700	21200
Inventory	13800	12400
Prepaid insurance	2900	3200
Notes receivable, due in 2018	9000	10000
Plant assets, net	575000	419550
Total assets	678000	521550
Liabilities and Shareholders' Equity
Accounts payable	20800	26400
Salaries payable	9800	13100
Property taxes payable	23000	24850
Long-term notes payable	142000	168000
Common shares, issued 50,000 shares	280000	280000
Retained earnings	202400	9200
Total liabilities and shareholders' equity	678000	521550

	Income Statement
	2015	2014
Net sales (on credit)	1539900	1212300
Cost of goods sold	1109500	749300
Gross profit from sales	430400	463000
Operating expenses	170000	163800
Income from operations	260400	299200
Interest expense	4250	4600
Income before taxes	256150	294600
Income taxes	41500	62000
Net income	214650	232600