Web Structure Inc. calculated the ratios shown below for 2023 and 2022: Required: 1. & 2. Identify whether the change in the ratlos from 2022 to 2023 is favourable ('F') or unfavourable ('U'), and calculate the 2023 ratios for Alberta Playground Inc. Including a comparison against the Industry averages. (Select the option "Neither For U" if the option Favorable or Unfavorable is not applicable.) Current ratio Quick ratio Accounts receivable turnover Days' sales uncollected Inventory turnover Days' sales in inventory Total asset turnover Debt ratio Times interest earned Profit margin Gross profit ratio 2023 1.13 1 1.04 1 16 40 7.0 54 3.7 72 2.7 18.0 16.0 2022 1.02:1 0.89 22 36 7.5 42 2.2 52 8.8 20.5 14.5 1 Trend Industry Average 1.6:1 1.1:1 16 times 21 days 5 times 70 days 2.3 times 35 % 50 times 14 % 18 % Comparison to Industry Average

Web Structure Inc. calculated the ratios shown below for 2023 and 2022: Required: 1. & 2. Identify whether the change in the ratlos from 2022 to 2023 is favourable ('F') or unfavourable ('U'), and calculate the 2023 ratios for Alberta Playground Inc. Including a comparison against the Industry averages. (Select the option "Neither For U" if the option Favorable or Unfavorable is not applicable.) Current ratio Quick ratio Accounts receivable turnover Days' sales uncollected Inventory turnover Days' sales in inventory Total asset turnover Debt ratio Times interest earned Profit margin Gross profit ratio 2023 1.13 1 1.04 1 16 40 7.0 54 3.7 72 2.7 18.0 16.0 2022 1.02:1 0.89 22 36 7.5 42 2.2 52 8.8 20.5 14.5 1 Trend Industry Average 1.6:1 1.1:1 16 times 21 days 5 times 70 days 2.3 times 35 % 50 times 14 % 18 % Comparison to Industry Average

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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provide reasons for the attached calculated ratios using GSK 2023 annual report and provide non-financail performance analysis examples for GSK 2023.
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H2.
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