Calculate all the ratios, for which industry figures are available below, for Nederland and compare the firm’s ratios with the industry ratios. (Round current ratio, quick ratio, debt ratio, long term debt ratio answers to 2 decimal places, e.g. 12.25 and

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The following are the financial statements for Nederland Consumer Products Company for the fiscal year ended September 30, 2011.

Nederland Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2011
Net sales	$	62,141
Cost of goods sold		26,906
Gross margin	$	35,235
Marketing, research, administrative exp.		15,715
Depreciation		776
Operating income(loss)	$	18,744
Interest expense		499
Earnings(loss) before income taxes	$	18,245
Income taxes		5,623
Net earnings(loss)	$	12,622

Nederland Consumer Products Company Balance Sheet as of September 30, 2011
Assets:			Liabilities and Stockholder's Equity:
Cash and marketable securities	$	6,807	Accounts payable	$	2,776
Investment securities		353	Accrued and other liabilities		7,780
Accounts receivable		3,288	Taxes payable		2,047
Total inventories		5,376	Debt due within one year		7,490
Deferred income taxes		882
Prepaid expenses & other receivables		1,991
Total current assets	$	18,697	Total current liabilities	$	20,093
Property, plant, and equip., at cost		30,215	Long-term debt		12,217
Less: Accumulated depreciation		9,653	Deferred income taxes		2,543
Net plant and equipment	$	20,562	Other non-current liabilities		3,504
Net goodwill & other intangible assets		23,970	Total liabilities	$	38,357
Other non-current assets		1,622	Convertible Class A preferred stock		1,696
			Common stock		1,608
			Retained earnings		23,190
			Total stockholders’ equity (deficit)	$	26,494
Total assets	$	64,851	Total liabilities and stockholders’ equity	$	64,851

Calculate all the ratios, for which industry figures are available below, for Nederland and compare the firm’s ratios with the industry ratios. (Round current ratio, quick ratio, debt ratio, long term debt ratio answers to 2 decimal places, e.g. 12.25 and other answers to 1 decimal place, e.g.12.5 or 12.5%.)

	Industry Average
Current Ratio	2.05		[removed]	times
Quick Ratio	0.78		[removed]	times
Gross margin	23.9	%	[removed]	%
Net profit margin	12.3	%	[removed]	%
Debt ratio	0.23		[removed]	times
Long-term debt to equity	0.98		[removed]	times
Interest coverage	5.62		[removed]
ROA	5.3	%	[removed]	%
ROE	18.8	%	[removed]	%