Question
You have just been hired as a financial analyst for Oman Helmet Company (OHC), a manufacturer of safety helmets. You have been asked to perform
You have just been hired as a financial analyst for Oman Helmet Company (OHC), a manufacturer of safety helmets. You have been asked to perform a comprehensive analysis of the companys financial statements, including comparing OHCs performance to its major competitors. To begin your assignment you gather the following financial data and ratios that are typical of companies in OHCs industry: Current ratio 2.3 Acid-test ratio 1.2 Average collection period 30 days Average sale period 60 days Return on assets 9.5% Debt-to-equity ratio 0.65 Times interest earned ratio 5.7 Price-earnings ratio 8
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