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The following are the financial statements for Blossom Consumer Products Company for the fiscal year ended September 30, 2017.

Blossom Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2017
Net sales		$67,430
Cost of products sold		17,950
Gross profit		$49,480
Marketing, research, administrative expense		18,300
Depreciation		780
Operating income (loss)		$30,400
Interest expense		350
Earnings (loss) before income taxes		$30,050
Income taxes		9,120
Net earnings (loss)		$20,930

Blossom Consumer Products Company Balance Sheet as of September 30, 2017
Assets:				Liabilities and Equity:
Cash and marketable securities		$4,570		Accounts payable		$2,910
Investment securities		500		Accrued and other liabilities		6,500
Accounts receivable		4,560		Taxes payable		2,810
Inventory		4,440		Debt due within one year		7,415
Deferred income taxes		730
Prepaid expenses and other receivables		1,920
Total current assets		$16,720		Total current liabilities		$19,635
Property, plant, and equipment, at cost		30,604		Long-term debt		12,315
Less: Accumulated depreciation		9,217		Deferred income taxes		2,590
Net property, plant, and equipment		$21,387		Other noncurrent liabilities		2,600
Net goodwill and other intangible assets		25,000		Total liabilities		$37,140
Other noncurrent assets		1,440		Convertible Class A preferred stock		1,544
				Common stock		2,450
				Retained earnings		23,413
				Total stockholders equity		$27,407
Total assets		$64,547		Total liabilities and equity		$64,547

Calculate all the ratios, for which industry figures are available below, for Blossom and compare the firms 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%.)

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

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