You find that Carnival Corp. has the debt / equity ratio of 0.40, while the industry average debt / equity ratio is 1.26. You would conclude that Carnival is a bad shape in terms of long-term liquidity. Carnival has more debt when compared to its peers. Carnival has less debt when compared to its peers. Carnival underperforms its peers in terms of short-term liquidity. QUESTION 2 You find that Target Corp. has inventory turnover ratio of 5.93, while the industry average inventory turnover ratio is 6.21. You would conclude that Target has longer inventory days when compared to its peers. Target is a good shape in terms of inventory management. Target has shorter inventory days when compared to its peers. Target outperforms its peers in terms of inventory turnover