.:. Required Refer to Exhibit 18.14 and calculate Labopharm’s



Required
Refer to Exhibit 18.14 and calculate Labopharm’s profitability ratios for 2014 (round calculations to two decimal places). Also identify whether each of Labopharm’s profitability ratios compares favorably (F) or unfavourably (U) to the industry average by referring to Exhibit 18.11.
Analysis Component: Comment on the trend in sales, accounts receivable, cost of goods sold, and accounts payable for the three years 2014, 2013, and2012.

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