The 2023 financial statements of Outdoor Waterworks Inc. follow:

Outdoor Waterworks Inc.
Income Statement
For Year Ended December 31, 2023
Net sales	$	1,156,000
Cost of goods sold:
Inventory, Dec. 31, 2022	$	84,860
Purchases		619,840
Goods available for sale	$	704,700
Inventory, Dec. 31, 2023		61,890
Cost of goods sold		642,810
Gross profit from sales	$	513,190
Operating expenses		292,360
Operating profit	$	220,830
Interest expense		13,300
Profit before taxes	$	207,530
Income taxes		19,814
Profit	$	187,716

Outdoor Waterworks Inc.
Balance Sheet
December 31, 2023
Assets
Cash	$	24,100
Current non-strategic investments		26,760
Accounts receivable, net		53,980
Notes receivable		12,460
Inventory		61,890
Prepaid expenses		6,140
Plant and equipment, net		336,020
Total assets	$	521,350
Liabilities and Equity
Accounts payable	$	49,600
Accrued wages payable		6,620
Income taxes payable		7,530
Long-term note payable, secured by mortgage on plant		119,700
Common shares, 160,000 shares		201,500
Retained earnings		136,400
Total liabilities and equity	$	521,350

Assume all sales were on credit. Also assume the long-term note payable is due in 2026, with no current portion. On the December 31, 2022, balance sheet, the assets totalled $442,220, common shares were $201,500, and retained earnings were $113,340. Required: Calculate the following: (Use 365 days in a year. Do not round your intermediate calculations. Round the answers to 2 decimal places.)

Analysis Component: Identify whether the ratios calculated above are favourable or unfavourable to the industry averages.

a. Current ratio b. Quick ratio c. Days' sales uncollected d. Inventory turnover e. Days' sales in inventory f. Ratio of pledged plant assets to secured liabilities g. Times interest earned h. Profit margin i. Total asset turnover j. Return on total assets k. Return on common shareholders' equity \begin{tabular}{|l|l} \hline & to 1 \\ \hline & to 1 \\ \hline & days \\ \hline & times \\ days \\ to 1 \\ & times \\ & % \\ \hline & times \\ & % \\ \hline & % \\ \hline & \end{tabular}