Calculate the following ratios for the company…. 1 answer below »

Calculate the following ratios for the company. Explain whether the company is doing better or worse than the industry average for each ratio.

Happy
Hamburger

Industry
Average Current ratio 1.7 Days sales outstanding (based on 365 day year) 36 days Inventory turnover 7.3 Fixed asset turnover 12.1 Total asset turnover 3.00 Return on sales 3.20% Return on assets 3.60% Return on equity 9.00% Debt ratio 71%

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