Ratios for marions hardware and those for the typical firm

Reference no: EM13319843

Given the following comparisons between the ratios for Marion's Hardware and those for the typical firm in the industry (measured by the industry median), which of the following statements is false? Marion's Hardware Industry Median Current ratio 1.96:1 1.84:1 Debt to net worth 2.48:1 1.75:1 Average inventory turnover ratio 2.20 per year 4.7 per year Net profit on equity ratio 19.72% 11.38%

Reference no: EM13319843

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