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2. Wime a bref ene parapraph description of any teende that appar to $170,000 Eerasadenglon (1-14ax nte) entracediray bes troen ant income Based on the adjurted net incoene figure (\$310,818), recompute the profitability ration for 20X (include parts a and b for ratios 2 and 3 ). 4. Now with the adjusted set income namben as part of the ration for 20XX, write a brief one-parayaph dencription of trenis that appear to have takn place ove the three-year time period (refer back to the data in Question I for 20XV and 20XW). 5. Once again, uaing the revised profitability ratios for 20XX that you developed in Questice 3, write a complete one paragrapt analysis of the company's profitability ratios compared to the industry ratsos (figure 3). Make nare to include auset furnover and debt to total assets as supplemental material in your analysis. 6. Harrod's has superier sales to total assets ratio compared to the industry, For 20XX, compute ratios 34a,35a and 37a as described in the text and compare them to industry data to see why this is so. Write a brief one-paragraph description of the results. Note. for ratio 4 , only half the sales are on credit terms. 7. Conclusion: Based cn you analyais in answerigg Questions 4 and 5 , do you think, that Becky Harrod has a legitimate coenplaint about being charged 2%; percent over prime iaitead of cne percent orer prime? There is no abolute right answer to thes questioc, but ves you beit judgment 7 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Fureres } \\ \hline \multicolumn{3}{|c|}{ Horred Sppertiez Geedo } \\ \hline \multicolumn{3}{|c|}{ Sedected Indusing Ration for 20XX} \\ \hline 1. & Net incame Sales & 4.5156 \\ \hline 2n & NetinsomeTotalAuset: & 3.1006 \\ \hline ab. & SalevTotal Asuets & 1.33 \\ \hline 34. & NetincomeShareholderEquily & 92004 \\ \hline to. & Debetoal Aluves & 0.45 \\ \hline 4. & Saln Recenables & 5.75= \\ \hline 9. & Salei Intentory & 3.01% \\ \hline 6. & Salen Capeal Awnes & 3.20= \\ \hline \end{tabular} Harrod's Sporting Goods On the pochive sic, then was an incrasing demasd for sporting goods as leivute time player is the cry of Mindicane Hint, and ber edienteve contacts throughout the poovince belp to interest in bosebull (and softall as welli). The growth in the stores was the good news for Jim and Bency. Die lens flam pod sews offered great personal service, and they hoped this would allow there te contins with thir spocialy aiche. shet b pry orergrimet Harrod's Sperting Geods Herreds Sipentand Ceods