Exercise 2

The current ratio for Dana Dairy Products in 2005 was ________. (See Table 1.0)

Since 2004, the liquidity of Dana Dairy Products ________. (See Table 1.0)

The net working capital for Dana Dairy Products in 2005 was ________. (See Table 1.0)

The inventory turnover for Dana Dairy Products in 2005 was ________. (See Table 1.0)

The inventory management at Dana Dairy Products ________ since 2004. (See Table 1.0)

The average collection period for Dana Dairy Products in 2005 was (See Table 1.0)

If Dana Dairy Products has credit terms which specify that accounts receivable should be paid in 25 days, the average collection period ________ since 2004. (See Table 1.0)

Dana Dairy Products had a ________ degree of financial leverage than the industry standard, resulting in ________. (See Table 1.0)

The debt ratio for Dana Dairy Products in 2005 was (See Table 1.0)

Dana Dairy Products' gross profit margin was inferior to the industry standard. This may have resulted from (See Table 1.0)