operating performance
The following table presents a summary of ratio analysis for Uncle Joes Coffee, based on the most recent 12 months and 5 year comparisons of uncle joes with averages n the resteraunt industry and the services sector, respectively.
Company Industry Sector
Return on assets 10.68% 9.04% 5.09%
Return on assets – 5 yr Avg 8.23% 8.37% 6.78%
Return on Equity 13.94% 17.55% 10.97%
Return on Equity – 5 Yr Avg 11.28% 15.69% 15.76%
Receivable Turnover 34.15 27.99 16.11
Inventory Turnover 11.88 34.73 15.94
Asset Turnover 1.58 1.30 1.22
Using the information provided above, breifly summarize the operating performance of Uncle Joe’s relative to its benchmark competitors.