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Question - The following table presents a selection of financial ratios for SweetDelight and ChocFinest, two businesses that operate in the same industry:
SweetDelight
ChocFinest
Asset turnover
1 times
0.6 times
Debtors days
1.5 days
35 days
Current Ratio
0.57
1.6
Total debt to equity ratio
105.42%
265.73%
Profit margin
7.40%
5.34%
Quick Ratio
1.09
1.2
Return on equity (ROE)
25.6%
(15.7)%
Return on assets (ROA)
5.90%
2.42%
Required -
a) Classify the above ratios into the categories of profitability, asset efficiency, liquidity and capital structure.
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