you are provided this information about a retail store called "Board Sports".

Board Sports Industry Mean

Current ratio 1.5 : 1 2 : 1

Quick ration .75 : 1 1 : 1

Debt ratio 0.87 :1 0.75 : 1

Average collection ratio 46 days 33 days

Net profit on sales ratio 5.5% 8.2%

Net profit to equity ratio 7.7% 13.2%

What can you reasonably assess about the current financial status of this company? Explain your answer.