Question: Refer the following table. table [ [ table [ [ Comparative Balance ] , [ Novembe ] , [ ( millions ] ]

Refer the following table.
\table[[\table[[Comparative Balance],[Novembe],[(millions]],\table[[Sheet Inf],[of $ )],[2023]],ormation,2021],[Cash,$205,$593,$618
\table[[Accounts payable,60,136,224],[Long-term notes payable,965,1,285,1,445],[Preferred shares,165,165,165],[Common shares,645,645,645],[Retained earnings,96,209,101]]
The preferred shares are $0.50, non-cumulative 80 million preferred and 320 million common shares were issued and outstanding during each year.
Required:
Calculate Tia's Trampolines Inc's profitability ratios for 2023. Also identify whether each of Tia's Trampolines Inc's profitability ratios compares favourably or unfavourably to the industry average. (Round the final answer to 2 decimal places. Iaput all positive values.)
\table[[,,2023,\table[[Industry],[Average]],FIU],[1.,Profit margin,7.91%,14,% Unfavourable],[2,Grnss nrnfit ratin,3112%,18||,% Favnurahle]]

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