Explain how the projected ratios compare to the prior year ratios? Explain the importance of this comparison.

	Historical Ratios					Projected Ratios
	12/25/2021		12/31/2022			12/31/2020		12/25/2021		12/31/2022
Current Ratio	1.01		0.94		Current Ratio	5.88		5.92		5.68
Quick Ratio	0.81		0.72		Quick Ratio	5.66		5.69		5.45
Total Debt-to-Total-Assets Ratio	0.78		0.79		Debt-to-Total-Assets Ratio	0.37		0.37		0.37
Total Debt-to-Equity Ratio	0.62		0.60		Debt-to-Equity Ratio	0.59		0.58		0.59
Times-Interest-Earned Ratio	6		12		Times-Interest-Earned Ratio	8		8		9
Inventory Turnover	8.53		7.77		Inventory Turnover	10.00		10.00		10.00
Fixed Assets Turnover	3.55		3.56		Fixed Assets Turnover	3.63		3.77		4.00
Total Assets Turnover	0.92		1.01		Total Assets Turnover	0.50		0.50		0.52
Accounts Receivable Turnover	11		11		Accounts Receivable Turnover	11		11		11
Average Collection Period	32.94		34.61		Average Collection Period	32.85		32.85		32.85
Gross Profit Margin %	53%		53%		Gross Profit Margin %	50%		50%		50%
Operating Profit Margin %	14%		13%		Operating Profit Margin %	9%		9%		9%
ROA %	8%		14%		ROA %	3%		3%		3%
ROE %	7%		11%		ROE %	5%		5%		5%