Refer the following table.

Tias Trampolines Inc.

Comparative Balance Sheet Information

November

millions of $

Cash $ $ $

Accounts receivable net

Plant and equipment net

Accounts payable

Longterm notes payable

Preferred shares

Common shares

Retained earnings

The preferred shares are $ noncumulative million preferred and million common shares were issued and outstanding during each year.

Tias Trampolines Inc.

Income Statement

For Year Ended November

millions of $

Net sales $ $ $

Cost of goods sold

Gross profit $ $ $

Operating expenses:

Depreciation expense $ $ $

Other expenses

Total operating expenses

Profit from operations $ $ $

Interest expense

Income tax expense

Profit $ $ $

Required:

Calculate Tias Trampolines Inc.s profitability ratios for Also identify whether each of Tias Trampolines Inc\'s profitability ratios compares favourably or unfavourably to the industry average. Round the final answer to decimal places. Input all positive values.

Analysis Component:

Calculate the sales, accounts receivable, cost of goods sold, and accounts payable for the three years and using as the base year. Round the final answer to decimal places. Indicate if variance trend is favourableunfavourable Input all positive values.