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The 2024 income statement of Adrian Express reports sales of $21,310,000, cost of goods sold...

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The 2024 income statement of Adrian Express reports sales of $21,310,000, cost of goods sold of $12,750,000, and net income of $2,100,000. Balance sheet information is provided in the following table. Industry averages for the following four risk ratios are as follows: Required: 1. Calculate the five profitability ratios listed above for Adrian Express. 2. Do you think the company is more profitable or less profitable than the industry average? Complete this question by entering your answers in the tabs below. Required: 1. Calculate the five profitability ratios listed above for Adrian Express. 2. Do you think the company is more profitable or less profitable than the industry average? Complete this question by entering your answers in the tabs below. Calculate the five proftability ratios listed above for Adrian Express. (Round your answers to 1 decimal place.) Required: 1. Caiculate the five profitability ratios listed above for Adrian Express. 2. Do you think the company is more profitable or less profitable than the industry average? Complete this question by entering your answers in the tabs below. Do you think the company is more profitable or less profitable than the industry average

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