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Please review the following 6 ratios for Simpson Company and ABC Inc. for the year ended 2014, and address the 2 questions below.
Ratio Name
Simpson Company
ABC Inc.
(a) Days' sales outstanding
36
30
(b) Inventory turnover
5.6
4.9
(c) Asset turnover
2.02
3.03
(d) Earnings per share
$1.50
$1.25
(e) Times-interest-earned
6.1
5.2
(f) Return on common stockholders' equity
15.6%
12.2%
Instructions: This is a 2-part question.
(1) Explain the meaning of each of the Simpson Company ratios above.
(2) State which company performed better for each ratio.
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