Refer to the following table. Tias Trampolines Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 2018 Cash $ 208 $ 596 $ 621 Accounts receivable (net) 283 320 139 Plant and equipment (net) 1,449 1,560 1,856 Accounts payable 63 139 248 Long-term notes payable 968 1,288 1,448 Preferred shares 168 168 168 Common shares 648 648 648 Retained earnings 93 233 104 The preferred shares are $0.50, non-cumulative 80 million preferred and 320 million common shares were issued and outstanding during each year. Tias Trampolines Inc. Income Statement For Year Ended November 30 (millions of $) 2020 2019 2018 Net sales $ 4,080 $ 6,400 $ 6,720 Cost of goods sold 2,784 4,408 4,632 Gross profit $ 1,296 $ 1,992 $ 2,088 Operating expenses: Depreciation expense $ 312 $ 312 $ 312 Other expenses 408 1,264 1,460 Total operating expenses 720 1,576 1,772 Profit from operations $ 576 $ 416 $ 316 Interest expense 74 93 103 Income tax expense 163 115 80 Profit $ 339 $ 208 $ 133 Required: Calculate Tias Trampolines Inc.'s profitability ratios for 2020. Also, identify whether each of Tias 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.) Analysis Component: Calculate the sales, accounts receivable, cost of goods sold, and accounts payable for the three years 2020, 2019, and 2018 using 2018 as the base year. (Round the final answer to 2 decimal places. Indicate if the variance trend is favourable/unfavourable. Input all positive values.)