(a) Current ratio (b) Inventory turnover (c) Profit margin (d) Return on assets (e) Return on common stockholders' equity (f) Debt to assets ratio (g) Times interest earned 2022 1.6 :1 2021 1.6 :1 2.4 times 2 times 8.1 % 13.1 do % 14.8 % 22.8 % % do % times % % times The condensed financial statements of Sunland Company for the years 2021 and 2022 are presented as follows. (Amounts in thousands.) SUNLAND COMPANY Balance Sheets December 31 2022 2021 Current assets. Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment (net) Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity Net sales Expenses SUNLAND COMPANY Income Statements For the Years Ended December 31 2022 2021 $3.910 $3,820 Cost of goods sold 860 990 Selling and administrative expenses 2,340 2,410 Interest expense 21 24 Total expenses 3.221 3.424 Income before income taxes 689 396 Income tax expense 176 83 Net income $513 $313 Compute the following ratios for 2022 and 2021. (Round current ratio and invertory turnover ratio to 2 decimal places, e.g. 1.62 or 1.62% and all other answers to 1 decimal place, e.g. 1.6 or 1.6%) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/20 was $341.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/20 were $1,872.) (e) Return on common stockholders' equity. (Stockholders' equity-common on 12/31/20 was $898.) (f) Debt to assets ratio. (8) Times interest earned