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Using the ratios below, summarize the financial performance of the company. LIQUIDITY RATIOS     Current Ratio (times)     1.75 Quick Ratio (times)     0.52 Average Payment Period (days)     28.31 Days       ASSET MANAGEMENT RATIOS     Total Asset Turnover (times)     2.90 Average Collection Period (days)     24 Days Inventory Turnover (times)     5.70       FINANCIAL LEVERAGE RATIOS     Total Debt to Total Assets     0.37% Equity Multiplier (times)     1.59       PROFITABILITY RATIOS     Operating Profit Margin     5.66% Net Profit Margin     3.55% Return on Total Assets     16.57% Return on Equity     16.36% Earnings per Share

Using the ratios below, summarize the financial performance of the company. LIQUIDITY RATIOS     Current Ratio (times)     1.75 Quick Ratio (times)     0.52 Average Payment Period (days)     28.31 Days       ASSET MANAGEMENT RATIOS     Total Asset Turnover (times)     2.90 Average Collection Period (days)     24 Days Inventory Turnover (times)     5.70       FINANCIAL LEVERAGE RATIOS     Total Debt to Total Assets     0.37% Equity Multiplier (times)     1.59       PROFITABILITY RATIOS     Operating Profit Margin     5.66% Net Profit Margin     3.55% Return on Total Assets     16.57% Return on Equity     16.36% Earnings per Share

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 1Q: Define each of the following terms: Liquidity ratios: current ratio; quick, or acid test,...
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Using the ratios below, summarize the financial performance of the company.

LIQUIDITY RATIOS    
Current Ratio (times)     1.75
Quick Ratio (times)     0.52
Average Payment Period (days)     28.31 Days
     
ASSET MANAGEMENT RATIOS    
Total Asset Turnover (times)     2.90
Average Collection Period (days)     24 Days
Inventory Turnover (times)     5.70
     
FINANCIAL LEVERAGE RATIOS    
Total Debt to Total Assets     0.37%
Equity Multiplier (times)     1.59
     
PROFITABILITY RATIOS    
Operating Profit Margin     5.66%
Net Profit Margin     3.55%
Return on Total Assets     16.57%
Return on Equity     16.36%
Earnings per Share     $0.99
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