You have the following data about Abdullah and Omar Company for the year 2019

Income statement on 31/12/2019
net sales 2,000,000
cost of goods sold 1200000
Gross profit 800,000
Selling and administrative expenses 200,000
EBIT 600,000
Benefits 100,000
Profit before taxes 500,000
Tax 40% 200000
net profit 300,000

 

cash	200,000	short term loans	300000
Financial investment	100,000	Creditor	400000
owe	200,000	dues	100000
Goods	500,000	long term loans	150000
net fixed assets	800,000	bonds	50000
Other assets	200,000	capital	800000
Total assets	2,000,000	reserves	150000
		Retained earnings	50000
		Total Liabilities	2000000

 

 

You have the following indicators of the industry average:
1 - The rate of return on investment (assets) 20.%
2- The average collection period is 40 days.
 3- Circulation Ratio 1:1
4- The quick turnover ratio is 8.0. :1

5- Inventory turnover is 2 times.
6- The asset turnover rate is 2 times.
7- The debt ratio is 70.%
8 - Profit Margin 10.%

Required: Comparing the performance of this company with the industry average by preparing the appropriate financial analysis.