Write a 3-5 page report comparing the above ratios to industry averages. Discuss whether your company's profitability, efficiency, liquidity, and solvency are better than, or worse then, its peers. The report should be well written with cover page, introduction, body of paper (with appropriate subheadings), conclusion, and reference page.

Obtain the four-digit primary SIC (Standard Industrial Classification) Code and industry title of P&G. Record the primary SIC code and industry title at the top of the Ratio Analysis Worksheet.

Obtain industry averages for commonly used ratios in the current period. Industry average information is reported by industry title or SIC code.

Look up the following industry-average ratios:

Current ratio

Debt ratio

Gross profit margin

Times interest earned

Accounts receivable turnover

Inventory turnover

Return on Sales

Asset Turnover

Return on Assets

Financial Leverage

Return on Equity

Note that some industry averages may not apply to your company.