An analyst computes the following ratios for Iridescent Carpeting Inc. and compares the results to the industry averages:
Based on the above data, which of the following can the analyst conclude? Iridescent Carpeting:
Financial Ratio Iridescent Carpeting Industry Average Current Ratio 2.3x 1.8x Net Profit Margin 22% 24% Return on Equity 17% 20% Total Debt / Total Capital 35% 56% Times Interest Earned 4.7x 4.1x