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Assignment 3: Ratio Analysis

By **Wednesday, February 22, 2017** solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, **provide an analysis** of how those results can be used by the business to improve its performance. Turn in your completed work to the** M1: Assignment 3 Dropbox **by **Wednesday, February 22, 2017.**

**1. Calculate the following ratios AND interpret the result against the industry average**:

**2. Analysis:**

**Give your interpretation of what the ratios calculations show and how the business can use this information to improve its performance. Justify all answers.**