What are the various ratios computed to analyze financial statements? Compute the above ratios based on case Exhibit 3

EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIOS Ratio Sector Average Current ratio Acid test ratio (quick ratio) Receivable turnover ratio Receivable days Inventory turnover ratio 4.85 times Inventory days 75 days Long~term debt to total debt 24% Debt-to-equity ratio 35% Gross prot ratio Net profit ratio Return on equity Return on total assets Total asset turnover ratio Fixed asset turnover ratio Current asset turnover ratio Interest coverage ratio (times interest earned) Working capital turnover ratio Return on xed assets