Compare the resulting ratios of P and P Manufacturing Company for 2018 (per your computation) with its competitors in the table given below.
Extracted text: P and P Manufacturing Company Comparative Statements of Financial Position As of 31 December 2018, 2017, and 2016 In Peso 2018 P581, 970.00 686,725.00 450,470.00 225,000.00 845,000.00 854,500.00 P3.643,665.00 P184,620.00 350,000.00 3,109,045.00 P3.643.665.00 2016 2017 P290,000.00 340,000.00 270,000.00 225,000.00 895,000.00 825,000.00 P2,845,000.00 P165,000.00 550,000.00 2,130,000.00 P2,845,000.00 Account P215,000.00 130,000.00 0.00 Cash Accounts Receivable Inventories 350,000.00 945,000.00 290,000.00 P1,930,000.00 P200,000.00 750,000.00 980,000.00 P1,930,000.00 Land Buildings, Net Equipment, Net Total Assets Accounts Payable Long-term Debt Capital Stock Liabilities Total and Shareholders' Equity
Extracted text: Competitor C 4.5:1 3.625:1 7 times 5.3 times 0.075:1 Financial Ratios for 2018 Current Ratio Quick ratio Receivable Turnover Inventory Turnover Debt Ratio Debt-equity Ratio Times Interest Earned Ratio Gross Profit Margin Ratio Net Profit Margin Ratio Return on Assets Return on Equity P&P Mfg. Co. 9.31:1 6.9:1 18.9 times 7.8 times 0.15:1 0.17:1 Competitor B 6:1 4.25:1 20 times 8.6 times 0.2:1 1.75:1 4.5 times 0.825:1 2.6 times 3.4 times 49.4% 17.6% 26.9% 31.5% 51.2% 22.5% 24% 22% 38.5% 14.5% 16% 12%