Selected financial ratios for Opus Company and its industry averages are given. What does the information suggest about Opus?
$\begin{array}{lcr}
& \text { Opus Company } & \text { Industry Average } \
\text { Inventory turnover } & 1.8 & 2.0 \
\text { Accounts receivable turnover } & 1.95 & 2.3 \
\text { Rate of return on total assets } & 15.6 & 16.5 \
\text { Rate of return on net sales } & 2.4 & 2.2
\end{array}$

Question

Selected financial ratios for Opus Company and its industry averages are given. What does the information suggest about Opus?
 $\begin{array}{lcr} 
& \text { Opus Company } & \text { Industry Average } \
\text { Inventory turnover } & 1.8 & 2.0 \
\text { Accounts receivable turnover } & 1.95 & 2.3 \
\text { Rate of return on total assets } & 15.6 & 16.5 \
\text { Rate of return on net sales } & 2.4 & 2.2
\end{array}$

Quizplus · Accepted Answer

The Answer of Selected financial ratios for Opus Company and its industry averages are given. What does the information suggest about Opus?
 $\begin{array}{lcr} 
& \text { Opus Company } & \text { Industry Average } \
\text { Inventory turnover } & 1.8 & 2.0 \
\text { Accounts receivable turnover } & 1.95 & 2.3 \
\text { Rate of return on total assets } & 15.6 & 16.5 \
\text { Rate of return on net sales } & 2.4 & 2.2
\end{array}$

Selected Financial Ratios for Opus Company and Its Industry Averages