The $2023$ financlal statements of Outdoor Waterworks Inc. follow.

Assume all sales were on credit. Also assume the long$-$term note payable is due in $2026,$ with no current portlon. On the December $31,$

$2022,$ balance sheet, the assets totalled $$436,720,$ common shares were $$196,000,$ and retained earnings were $$110,040.$

Requlred:

Calculate the following: $($Use $365$ days in a year. Do not round your Intermedlate calculations. Round the answers to $2$ decimel

places.$)$

Analysis Component:

Identlfy whether the ratios calculated above are favourable or unfavourable to the industry averages.