Question: (Ratio analysis) The financial statements and industry norms are shown below for Pamplin, Inc.:
a. Compute the financial ratios for Pamplin for 2014 and for 2015 to compare both against the industry norms.
b. How liquid is the firm?
c. Are its managers generating an adequate operating profit on the firm's assets?
d. How is the firm financing its assets?
e. Are its managers generating a good return on equity?
