Obtain industry averages for commonly used ratios

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Reference no: EM133099282

The purpose of the third part of the comprehensive project is to use resources available to obtain industry averages for commonly used ratios. Additionally, you will compare company ratio results to industry averages.

Obtain the four-digit primary SIC (Standard Industrial Classification) Code and industry title for your company. Record the primary SIC code and industry title at the top of the Ratio Analysis Worksheet.

Obtain industry averages for commonly used ratios in the current period. Industry average information is reported by industry title or SIC code.

Look up the following industry-average ratios:

Current ratio

Debt ratio

Gross profit margin

Times interest earned

Accounts receivable turnover

Inventory turnover

Return on Sales

Asset Turnover

Return on Assets

Financial Leverage

Return on Equity

Reference no: EM133099282

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