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, Alberta, and its 2020 and 2019 balance sheets and income statements follow.

Alberta Playground Inc.
Balance Sheet ($000)
Years Ended March 31
	2020			2019
Assets
Current assets
Cash and cash equivalents	$	78,191		$	55,519
Receivables		461,507			367,769
Inventories		663,944			568,504
Prepaid expenses and other assets		51,150			29,704
Non-strategic investment		27,883			140
Other current assets		33,133			28,452
Total current assets	$	1,315,808		$	1,050,088
Portfolio investment		0			41,343
Property, Plant, & Equipment		1,055,150			1,066,756
Goodwill		850,630			719,495
Trademarks and other intangibles		341,138			318,713
Other assets		139,243			94,716
Total assets	$	3,701,969		$	3,291,111
Liabilities
Current liabilities
Bank loans	$	171,289		$	62,272
Accounts payable and accrued liabilities		574,829			472,156
Income taxes payable		199,338			150,077
Current portion of long term debt		28,339			8,779
Total current liabilities	$	973,795		$	693,284
Non-Current Liabilities
Long-term debt		379,880			382,190
Other liabilities		189,683			154,069
Total liabilities	$	1,543,358		$	1,229,543
Equity
Common shares	$	624,675		$	591,749
Retained earnings		1,533,936			1,469,819
Total equity	$	2,158,611		$	2,061,568
Total liabilities and equity	$	3,701,969		$	3,291,111

Alberta Playground Inc.
Income Statement ($000)
Years Ended March 31
	2020			2019
Revenues	$	6,095,470		$	5,880,582
Cost of sales, selling and administrative expenses		5,249,330			5,132,511
Depreciation and amortization expense		106,582			115,256
Operating profit		739,558			632,815
Interest on long-term debt		23,421			30,111
Other expenses		14,963			5,861
Earnings before income taxes		701,174			596,843
Income taxes		200,215			164,289
Profit	$	500,959		$	432,554

Assume the common shares represent 204,530 (thousand) shares issued and outstanding for the entire year ended March 31, 2020. Required: 1. Prepare a common-size balance sheet and income statement on a comparative basis for 2019 and 2020. (Round the final percentage answers to 2 decimal places. Negative answers should be indicated by a minus sign.)

2. Calculate the 2020 ratios for Alberta Playground Inc. including a comparison against the industry averages. (Round the final answers to 2 decimal places.)