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( A ) Calculate the the following ratios

(a) Accounts receivable ratio

( b) Asset turnover ratio

( c ) current ratio

( d) interest coverage ratio

( e ) inventory turnover ratio

( e ) Gross margin percentage ratio

( f) Quick ratio

( B ) you have to put one word in the yellow box there are two words given.by reviewing the appendix 2 .

You have asked me to review the selected 2021 ratios of Sydney compared with industry data. Based on the limited 2021 data provided, I have come to the following preliminary conclusions.

In relation to solvency, Sydney appears to be in a					better / worse	position compared
to its industry.
Profitability		may be/ does not appear		a concern for Sydney.
Sydney appears			to manage/ not to manage	its investment in net working capital efficiently.

Sydney Foods Inc. Condensed statement of comprehensive income Year ended December 31, 2020 (in $'000s) Sales Cost of goods sold Gross profit General and admin expenses Interest expense Total expenses Income before tax Income taxes Net income $ 1,690 1,220 470 310 34 344 126 38 88 Sydney Foods Inc. Condensed statement of financial position As at December 31 (in $'000s) $ 2020 90 140 $ 30 Cash Accounts receivable Short term investments Inventory Other current assets Total current assets Non-current assets Total assets 78 125 463 980 2019 75 156 25 70 120 446 965 $ 1.411 $ 1,443 $ $ 448 630 Current liabilities Long-term liabilities Total liabilities Shareholders' equity Total liabilities and equity 425 600 1,025 386 1,078 365 $ 1,443 $ 1,411 Appendix II: 2021 ratios compared to industry data 2021 RATIOS COMPARED TO INDUSTRY DATA Sydney 34.4 Industry 35.1 0.14 0.18 Accounts receivable days Cash debt coverage Profit margin on sales Return on equity Total debt to equity Working capital cycle days 4.5% 21.6% 5.1% 22.0% 2.95 2.60 16.0 21.4

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