(a1) - this is what they are asking for the liquidity and profitability portion

compute the liquidity and profitability rarios of Ivanhoe Company for 2021 and 2022. (round current ratio, asset turnover and earnings per share to 2 decimal places. show as negative if necessary.

(b) - this is what they are asking for the situation portion

given beliw are three independent situations and a ratio that may be affected. for each situation compute affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving the erfect to the situation.

The following nancial 2021 IVANHOE COMPANY Balance Sheets December 31 Assets 2022 Cash $ 71,000 Debt investments (short-term) 52,000 Accounts receivable 110,000 Inventory 233,000 Prepaid expenses 25,000 Land 130,000 Building and equipment (net) 259,000 Total assets $880,000 Liabilities and Stockholders' Equity Notes payable $171,000 Accounts payable 68,000 Accrued liabilities 39,000 Bonds payable, due 2025 249,000 Common stock, $10 par 207,000 Retained earnings 146,000 Total liabilities and stockholders' equity $880,000 $ 66,000 40,000 91,000 165,000 27,000 130,000 184,000 $703,000 $110,000 53,000 39,000 169,000 207,000 125,000 $703,000 IVANHOE COMPANY Income Statements For the Years Ended December 31 2022 2021 Sales revenue $895,000 $793,000 Cost of goods sold 640,000 574,000 Gross profit 255,000 219,000 Operating expenses 190,000 161,000 Net income $ 65,000 $ 58,000 Additional information: 1. Inventory at the beginning of 2021 was $115,000. 2. Accounts receivable (net) at the beginning of 2021 were $88,000. 3. Total assets at the beginning of 2021 were $630,000. 4. No common stock transactions occurred during 2021 or 2022. 5. All sales were on account. PRINTER VERSION CALCULATOR Compute the liquidity and profitability ratios of Ivanhoe Company for 2021 and 2022. (Hound curent ratio, Asser turnover and Farmines per share to 2 decimal places, 0.0 15.50 and round all other answers 1 decimal piace, e.g. 155. Round % change to decimal places for e.g. 1% and if so change is a decrease show the numbers as negative, e.g. 19 or (1%).) 2021 2022 Change LIQUIDITY Current ratio 1.22:1 1.97 31 (7.51 Accounts receivables turnover 8.9 times 8.92 (0.22 Inventory turnover times 2021 202) To Change PROFITABILITY Profit margin 7.26 7.89 12.90 Asset turnover Return on as 3.21 9.45 30 Earnings per share (6) Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to t Shuation. (Round Debt to assets ratio to decimal places,.. 15 and round all other answers to 1 decimal place 0.15.5. Round change to o decimal places, for e... and is change is decrease show the numbers as negative, ..or (19). Situation Ratio 1. 20,000 shares of common stock were sold at paron July 1, 2023. Net income for 2023 war $57,000 Return on common stockholders' equity 2. All of the notes payable were paid in 202). All other liabilities remained at their December 31, 2072 levels. Total assets on December 31, 2023, were $881,000 Debt to assets ratio 3. The market price of common stock was $9 and $13 on December 31, 2022 and 2023, respectively Price carings ratio 2022 2023 Change turn on common stockholders' equity EEE Debit to set Price canings at