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Mathematics, 08.02.2022 01:00 Ostritch8336
Benchmark analysis: Trademark Corp.’s financial manager collected the following information for its peer group to compare its performance against that of its peers. Ratios Trademark Peer Group DSO 33.5 days 27.9 days Total asset turnover 2.3 3.7 Inventory turnover 1.8 2.8 Quick ratio 0.6 1.3 a. Explain how Trademark is performing relative to its peers. b. How do the industry ratios help Trademark’s management?
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