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Help provide an analysis overview and explain how the projected ratios compare to the prior year ratios. Explain the importance of this comparison. 5/31/2022 2.32

image text in transcribedHelp provide an analysis overview and explain how the projected ratios compare to the prior year ratios. Explain the importance of this comparison.

5/31/2022 2.32 1.54 0.51 Projected Ratios 5/31/2020 5/31/2021 2.56 2.43 1.66 1.46 0.71 0.59 2.51 1.46 24 38 2.83 2.20 8.28 8.59 1.18 1.17 1.05 Current Ratio Quick Ratio Debt-to-Total-Assets Ratio Debt-to-Equity Ratio Times-Interest-Earned Ratio Inventory Turnover Fixed Assets Turnover Total Assets Turnover Accounts Receivable Turnover Average Collection Period Gross Profit Margin % Operating Profit Margin % ROA % 44 2.50 8.92 1.15 14 20 13 26.83 43% 8% 8% 29% 18.25 45% 11% 11% 27% 29.20 45% 12% 11% ROE % 23%

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