7.6 The income statement and balance sheet of Superior Technologies are exhibited in Tables 7.A4 and 7.A5. Conduct a ratio analysis and observe major trends and deviations from the available historical company information and industry data. (See also Table 7.A6.) Answer 7.6 Selected answers for 2002 are as follows: Days receivables = 54.1 days Total long-term debt to net worth = 0.77 Total asset turnover = 1.8x Gross profit (margin) = 33.5 percent