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Yea 3 r 200 3 2. Based on the information provided above, An Analyst compiled the following information of that firm, which is currently
Yea 3 r 200 3 2. Based on the information provided above, An Analyst compiled the following information of that firm, which is currently rated "BBB". Ratio Analysis of Benchmark for Industry average Curren t ratio Quic k Ratio Inventor y turnover ratio Avg. collectio n period 6 Gross Profit/sale 45 Net profit/sale 0.16 S 1.5 Discuss whether that firm is performing better than industry average or not. (3 Marks) Debt to 0.04 equit y ratio Interest coverag e ratio 0.7 3.5 Fixed charge s ratio
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To assess whether the firm is performing better than the industry average based on the provided ratio analysis we need to compare each ratio with the corresponding industry benchmark Heres an analysis ...
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Fixed Income Analysis
Authors: Barbara S. Petitt
5th Edition
1119850541, 978-1119850540
