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need help Refer the following table. rampantun nalance shoot information NOVhon10 Cash Accounts receivable (net) plant and equipment (net) Accounts payable Long term notes payable

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Refer the following table. rampantun nalance shoot information NOVhon10 Cash Accounts receivable (net) plant and equipment (net) Accounts payable Long term notes payable Preferred shares Common shares Retained earnings 2010 2019 5213601 2013 325 1,454 1,610 68 144 973 1,293 173 173 653 653 223 $ 626 144 1,906 288 1,453 173 653 100 The preferred shares are $0.50, non-cumulative 80 million preferred and 320 million common shares were issued and outstanding during each year. Tis's Trampolines Inc Income Statenent For Year Ended November 30 (millions of 5) 2020 2019 2018 Net Sales $4,180 $6,500 $6,820 Cost of goods sold 2.809 4.433 1,657 Gross profit $1,371 $2,067 52,163 Operating expenses: Depreciation expense $322 $225322 Other expenses 418 1,274 1,470 Total operating expenses 740 1,596 1792 Profit from operations $6315471 5 371 Interest exponse 86 103 113 Income tax expense 173 125 90 Profit $ 374 5 243 $ 168 Required: Calculate Tia's Trampolines Inc's profitability ratios for 2020. Also identify whether each of Tla's Trampolines Inc's profitability ratios compares favourably or unfavourably to the industry average. (Round the final answer to 2 decimal places. Input all positive values.) Required: Calculate Tia's Trampolines Inc's profitability ratios for 2020. Also identify whether each of Tia's Trampolines Inc's profitability ratios compares favourably or unfavourably to the industry average. (Round the final answer to 2 decimal places. Input all positive values Answer is complete but not entirely correct. 2020 FU 1 2 3 32 Prolit margin Gross profit ratio Return on total assets Return on common shareholders' equity Book value per common share Book value per preferred share Esmings por share 4 8.95 % 32 80% 3228 96 50.47 % % 231 $ 11 43 3 1.17 X Industry Average 14 % 18 % 20 % 327 % $ 8.63 $ 15.00 5179 Unfavourable Favourable Unfavourable Favourable Unfavourable Unfavourable Unfavourable 5 $ 6 s 7 $

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