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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

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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. Assume the common shares represent 204,630 (thousand) shares issued and outstanding for the entire year ended March 31.2020. Required; 1. Prepare a common-slre balance sheet and income statement on a comparative basis for 2019 and 2020 . (Round the final percentage answers to 2 decimal places. Negotive answers should be indicated by a minus sign.) \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{ ALBERTA PLAYGROUND INC. } \\ \hline Common-Size Comparative Income Statement \\ \hline Years ended March 31,2020 and March 31,2019 & 2020 & 2019 \\ \hline Revenues & (%) & \\ \hline Cost of sales and selling, general and administrative & \\ \hline Depreciation and amortization expense & \\ \hline Operating profit & \\ \hline Interest on long-term debt & \\ \hline Other expenses & \\ \hline Profit before income taxes & \\ \hline Income taxes & \\ \hline Profit & \\ \hline \end{tabular} 2. Calculate the 2020 ratios for Alberta Playground Inc. including a comparison against the industry averages: (Ro answers to 2 decimal places.)

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