5: Listed below is a vertical analysis of selected information from the financial statements of five publicly traded Canadian companies: Sales Cost of goods sold Gross profit Selling and administrative expenses Research and development Interest Depreciation Other Income (loss) before income tax Income tax Net income (loss) A B C E 100.0% 100.0% 100.0% 100.0% 100.0% (82.3)% (58.1)% (76.5)% (43.2)% (60.1)% 17.7% 41.9% 23.5% 56.8% 39.9% (1.4)% (19.1)% (17.2)% (10.3) % (31.4)% -0- -0- -0- -0- (13.6)% -0- (1.4)% -0- (1.4)% (2.3)% (5.4)% (6.5)% (2.5)% (26.7)% (2.1)% 0.3% (13.7)% 0.3% (1.4)% 3.2% 9.8% (11.0)% 2.7% 16.1% 9.6% (2.9)% 5.2% (0.7)% (4.4)% (2.5)% 6.9% (5.8)% 2.0% 11.7% 7.1% 37.6% 20.2% 10.0% 0.1% 37.9% 5.2% Cash Accounts receivable 1.0% 24.5% Inventory 1.0% 4.6% 15.4% 11.2 % 2.4% 1.1% 14.7% Other current assets 4.1% 4.7% 0.6% 0.3% 0.8% Total current assets 43.7% 54.0% 37.2% 3.9% 58.6% Property, plant, and equipment 53.0 % 18.2% 50.5% 95.2% 38.7% Intangible assets Other non-current assets Total assets Current liabilities Non-current liabilities 1.3% 26.2% 5.9% -0- 2.5% 2.0% 1.6% 6.4% 0.9% 0.2% 100.0% 100.0% 100.0% 100.0% 100.0% 31.7% 26.2% 30.0% 8.1% 19.8% 29.0% 2.0% 34.2% 42.3% 3.0% Shareholders' equity 39.3% 71.8% 35.8% 49.6% 77.2% Total liabilities and shareholders' equity 100.0% 100.0% 100.0% 100.0% 100.0% The companies included in the vertical analysis above operates a chain of grocery stores and has its own private label. a furniture retailer that has operated for over 100 years, an oil and gas producer with facilities in the oil sands in a year when oil prices were high, a discount airline, and a developer of high-tech communications equipment that does not sell its products directly to consumers. Required: By analyzing the relationships between the amounts shown, identify which one of these companies is a discount airline and explain your