|
2005 |
2004 |
2003 |
| Sales trend percents |
137.00% |
125.00% |
100.00% |
| Selling expenses to sales |
9.80% |
13.70% |
15.30% |
| Sales to plant assets ratio |
3.5 to 1 |
3.3 to 1 |
3.0 to 1 |
| Current ratio |
2.6 to 1 |
2.4 to 1 |
2.1 to 1 |
| Acid-test ratio |
0.8 to 1 |
1.1 to 1 |
1.2 to 1 |
| Merchandise Inventory turnover |
7.5 times |
8.7 times |
9.9 times |
| Accounts receivable turnover |
6.7 times |
7.4 times |
8.2 times |
| Total asset turnover |
2.6 times |
2.6 times |
3.0 times |
| Return on total assets |
8.80% |
9.40% |
11.10% |
| Return on equity |
9.75% |
11.50% |
12.25% |
| Profit margin ratio |
3.30% |
3.50% |
3.70% |
Question 1. Is the investment in accounts receivable decreasing?
Question 2. Is the investment in plant assets increasing?
Question 3. Is the owner's investment becoming more profitable?
Question 4. Did the dollar amount of selling expenses decrease during the three year period?