Exhibit $17\mathrm{.}11($Slide $2)-$ Benchmark Ratios

This exhibit provides benchmark ratios that we$$ll use to compare the calculated ratio of Q$-17-17$ to Q$17-24.$ The industry average ratios are essential for our analysis. Let$$s proceed with the questions:

Return on Total Assets $($ROA$)$:

Calculate the return on total assets for the year $2017($round calculations to two decimal places$).$

Determine whether Tia$$s Trampoline Inc.$\text{'}$s ROA compares favorably $($F$)$ or unfavorably $($U$)$ to the industry average from Exhibit $17\mathrm{.}11.$

Exhibit $17\mathrm{.}14($Slides $3$ and $4)-$ Profitability Ratios for Tia$$s Trampoline Inc.

This exhibit contains profitability ratios for Tia$$s Trampoline Inc. for the year $2017.$ Let$$s analyze these ratios:

Profitability Ratios $($round calculations to two decimal places$)$:

Gross Profit Margin: Calculate the gross profit margin.

Operating Profit Margin: Compute the operating profit margin.

Net Profit Margin: Determine the net profit margin.

Comparison to Industry Average:

Refer to Exhibit $17\mathrm{.}11$ to identify whether each of Tia$$s Trampoline Inc.$\text{'}$s profitability ratios compares favorably $($F$)$ or unfavorably $($U$)$ to the industry average.

Trend Analysis:

Comment on the trend in sales, accounts receivable, cost of goods sold, and accounts payable for the years $2017,2016,$ and $2015.$