a. What areas do you suggest for the future (of Armidale manufacturing company?
Posted: Sun Apr 17, 2022 6:59 pm
a. What areas do you suggest for the future (of Armidale manufacturing company?
UNE Business School AFM406 - Exhibits and Pro-for EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIOS Ratio Current ratio Acid test ratio (quick ratio) Receivable turnover ratio Receivable days Inventory turnover ratio Inventory days Long-term debt to total capital Debt-to-equity ratio Gross profit ratio Net profit ratio Return on equity Return on total assets Total asset turnover ratio Fixed asset turnover ratio Current asset turnover ratio Interest coverage ratio (times interest earned) Working capital turnover ratio Return on fixed assets Sector Average 2.30 1.20 7 times 52 days 4.85 times 75 days 24% 0.35 40% 18% 31% 12% 1.1 2 3 10 8 35%
UNE Business School AFM406 - Exhibits and Pro-for EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIOS Ratio Current ratio Acid test ratio (quick ratio) Receivable turnover ratio Receivable days Inventory turnover ratio Inventory days Long-term debt to total capital Debt-to-equity ratio Gross profit ratio Net profit ratio Return on equity Return on total assets Total asset turnover ratio Fixed asset turnover ratio Current asset turnover ratio Interest coverage ratio (times interest earned) Working capital turnover ratio Return on fixed assets Sector Average 2.30 1.20 7 times 52 days 4.85 times 75 days 24% 0.35 40% 18% 31% 12% 1.1 2 3 10 8 35%