Financial ratios Formula Telus(2020) Shaw(2020) calculations: 1. Liquidity ratios Sucrunt ratio Current assets/current 4683/5909-0.79 1500/1688=0.89 liabilities Quick ratio (Current assets- (4683- (1500- inventory/current liabilities 407)/5909=0.72 60)/1688=0.85 Working capital ratio Current assets-current 4683-5909--1226 1500-1688-188 liabilities 2.Solvency ratios Debt ratio Total liabilities/ total assets 30730/43332=0.71 9932/16165=0.61 Debt to equity ratio Total liabilities/ 30730/12074=2.55 9933/6233=1.59 shareholders' equity 3.Efficiency(activity)ra tios Assets turnover ratio Net sales/total assets 15341/43332=0.35 5407/16165=0.33 Inventory turnover Cost of goods sold/inventory 6268/407=15.40 2373/60=39.55 ratio Accounts recievable Net sales / accounts 15341/2108=7.28 5407/326=16.59 turnover ratio scievables Days' sales in inventory 365 days/inventory turnover 365/15.40=23.70 365/39.55=9.23 ratio 4.Profitability ratios Return on assets ratio Net income/total assets 1207/43332*100=2.7 688/16165*100=4 *100 9% 26% Return on equity ratio Net income/shareholders' 1207/12074*100=10. 688/6233*100=11. equity*100 00% 04% Profit margin ratio Net incomeet sales *100 1207/15341*100=7.8 688/5407*100=12. 7% 72% This is the financial ratio analysis for Telus and Shaw. What are the recommendations for Telus. corporation to improve its performance?||