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Activity 3: Compare North Ltd. company's ratios with the industry average ratios You are the...

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Activity 3: Compare North Ltd. company's ratios with the industry average ratios You are the financial controller of North Ltd. Your manager asks you to comment on the company performance compared to industry levels. Ratios Industry North Ltd 50% 18.33% 10% 8.64% Profitability Operating Profit Ratio Net Profit Ratio Return on Asset Retum on Equity | Liquidiny Current Ratio 10.2% 15.36% 4.53% 3.99% 3 times 6 times Management Efficiency Inventory Tumover ratio 5 times 10.32 times 2 times 0.70 times Fixed Asset turnover ratio Total Assel turnover ratio 1.4 times 0.52 times Debt Management Debt to asset ratio 45% 24.5% Time interest earned 4 times 1.89% Market value ratios Market Price to book value ratio (MB) 2.1 times Market Price to Eamings per share ratio (PE) 4.5 times 2.69 times 44.84 times Required? Based on your comparison of North Itd ratios with the industry, provide your comments and feedback on how the company's management should improve the performance of the company. 3

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