1. (Chapter 14) The condensed financial statements of Soule Company are presented below Balance Sheets December 31 2014 2013 Current assets Cash and cash equivalents Accounts receivable (net Invento 394 399 146 1,303 381 10 520 214 793 376 045 14 465 440 110 1,376 434 12 539 $2,361 849 421 aid expenses Total current assets Property, plant, and equipment Investments Intangibles and other assets Total assets Current liabilities -term liabilities Stockholders Total liabilities and stockholders 361 Income Statements For the Years Ended December 31 2014 2013 Sales revenue Costs and 3.758 $3,643 943 2.411 24 3,378 265 141 Cost of s sold 961 2,309 23 3,293 465 254 $ 211 & administrative ex Interest expense Total costs and ex Income before income taxes Income tax expense Net income 124 Compute the following ratios for 2014 Current ratio. Inventory turnover Profit margin ratio. Return on assets. Return on common stockholders' equity Debt to total assets ratio. Times interest earned