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Use the accompanying financial statements for Johnson Manufacturing, Inc. and the industry average ratios to answer all the questions that follow. The company stock trades

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Use the accompanying financial statements for Johnson Manufacturing, Inc. and the industry average ratios to answer all the questions that follow. The company stock trades at $23 per share. Johnson Manufacturing, Inc. Income Statement (in Millions of Dollars)) Based on your calculations and the industry averages in 2020 , which of the following ratios of Johnston Manufacturing, Inc. are WORSE than the industry average? (Choose all that are WORSE than the industry average). Current ratio Inventory turnover Days' sales outstanding Fixed asset turnover Times-interest-earned Net profit margin (Basic) Earning power Price/earnings Market/book Total asset turnover 1.8X Debt ratio 40% Times interest earned ratio 6.0X Basic earning power 17.2% Net profit margin 5.0% Return on total assets (ROA) Return on common equity (ROE) 15% Price earnings 12.5x Market/book 1.7X Johnson Manufacturing, Inc. Balance Sheet (in Millions of Dollars) What is the company's (basic) earning power in 2020? 13.1% 13.5% 14.0% 14.2%

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