Alberta Playground Inc. produces, markets, distributes, and installs durable playground equipment. It is a new, growing playground distributor in Canada, and is hoping to expand to other provinces shortly. Its head office is in Edmonton, and its 2023 and 2022 balance sheets and income statements follow.

Alberta Playground Inc. Balance Sheet ($000) Years Ended March 31 2023 2022 Assets Current assets Cash and cash equivalents $ 77,691 $ 55,019 Receivables 461,007 367,269 Inventories 662,694 567,254 Prepaid expenses / other asset 51,000 29,554 Non-strategic investment 27,783 40 Other current assets 32,983 28,302 Total current assets $ 1,313,158 $ 1,047,438 Portfolio investment 0 41,343 Property, Plant, & Equipment 1,035,150 1,046,756 Goodwill 848,630 717,495 Trademarks and other intangible 339,638 317,213 Other assets 138,493 93,966 Total assets $ 3,675,069 $ 3,264,211

Liabilities Current liabilities Bank loans $ 170,789 $ 61,772 Accounts payable,accrued liabilities 574,079 471,406 Income taxes payable 198,838 149,577 Current portion of long-term debt 28,239 8,679 Total current liabilities $ 971,945 $ 691,434

Non-Current Liabilities Long-term debt 378,880 381,190 Other liabilities 189,183 153,569 Total liabilities $ 1,540,008 $ 1,226,193

Equity Common shares $ 619,675 $ 586,749 Retained earnings 1,515,386 1,451,269 Total equity $ 2,135,061 $ 2,038,018 Total liabilities and equity $3,675,069 $ 3,264,211

Alberta Playground Inc. Income Statement ($000) Years Ended March 31 2023 2022 Revenues $ 6,045,470 $ 5,830,582 Cost of sales, selling and administrative expenses 5,239,330 5,122,511 Depreciation and amortization expense 105,332 114,006 Operating profit 700,808 594,065 Interest on long-term debt 23,271 29,961 Other expenses 14,463 5,361 Earnings before income taxes 663,074 558,743 Income taxes 197,715 161,789 Profit $ 465,359 $ 396,954

Assume the common shares represent 204,030 (thousand) shares issued and outstanding for the entire year ended March 31, 2023.

Required: 1. Prepare a common-size balance sheet and income statement on a comparative basis for 2023 and 2022. (Round the final percentage answers to 2 decimal places. Negative answers should be indicated by a minus sign.)

2. Calculate the 2023 ratios for Alberta Playground Inc. including a comparison against the industry averages. (Round the final answers to 2 decimal places.)