5 Refer the following table 10 poms Spond Tia's Trampolines Inc. Comparative Balance Sheet Information November 30 (millions of 5) 2020 2019 Cash $ 217 Sses Accounts receivable (net) 292 329 plant and equipment (net) 1,45 1.650 Accounts payable 72 145 Long-term notes payable 972 1.297 Preferred shares 172 172 Comon shares 652 657 Retained earnings 84 30% 2018 $ 630 18 1,966 20 1,457 127 657 chool Print Referencer The preferred shares are $0.50 non-cumulative 80 million preferred and 320 million common shares were issued and outstanding during each year 2013 Tia's Trampolines Inc Income Statement For Year Ended November 30 (willions of 5) 2020 2019 Set sales $4,200 $6,580 $6,900 Cost of goods sold 2,829 4,453 4,677 Gross profit $1,431 52,127 $2,22 Operating expenses Depreciation expense $330 $ 10 $ 330 10 points other expenses Total operating expenses Profit from operations Interest expense Income tax expense Profit 426 1,2821,478 756 1,612 1,808 $675 $515415 92 111 121 133 $ 602 271 $ 196 Skoped 181 98 Required: Punt References Calculate Tio's Trampolines Inc's profitability ratios for 2020. Also identify whether each of The's Trampolines Inc's profitability ratios compares fovourably or unfavourably to the Industry average (Round the final answer to 2 decimal places. Input all positive values.) 2020 FU Industry Average 145 10 S 201 1. Profit margin 2. Gross profit ratio 3. Return on total assets 4. Return on common shareholders equity 5. Book value per common share 6. Book value per preferred share 7 Earnings per share 32.7 $ 0.83 $15.00 $ 179 #9 Saved He Analysis Component: Calculate the sales, accounts receivable, cost of goods sold, and accounts payable for the three years 2020, 2019, and 2018 using 2018 as the base year. (Round the final answer to 2 decimal places. Indiente if vorlance trend is favorable/unfavorable. Input all positive values.) 2020 2019 2018 FU Net sales % % % 96 Accounts receivable Cost of goods sold Accounts payable 90 % 96 96 %