Accounting Problem Help!

The condensed financial statements of Sheridan Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.)

The condensed financial statements of Sheridan Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) SHERIDAN COMPANY Balance Sheets December 31 2017 2016 Current assets $360 Cash and cash equivalents Accounts receivable (net) $330 500 430 Inventory 590 520 Prepaid expenses 120 160 Total current assets 1,470 Investments 1,540 40 420 40 Property, plant, and equipment (net) 380 ********** 99 Intangibles and other assets 530 510 Total assets $2,530 $2,400 $930 $820 510 540 Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity 1,060 1,070 $2,530 $2,400 SHERIDAN COMPANY Income Statements For the Year Ended December 31 2017 $3,930 2016 $3,590 Sales revenue Costs and expenses Cost of goods sold Selling & administrative expenses 985 920 2,400 2,330 25 20 3,410 3,270 Interest expense Total costs and expenses Income before income taxes Income tax expense 520 320 156 96 $ 224 Net income $ 364 Compute the following ratios for 2017 and 2016. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/15 was $390.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/15 were $2,420.) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/15 was $990.) (f) Debt to assets ratio. (g) Times interest earned. 2017 2016 Current ratio. 1.66 1.79 :1 Inventory turnover. 1.97 times 2.14 times Profit margin. 6.21% Return on assets. 14.4 9.3 % Return on common stockholders' equity. T 34.3 20.9|| Debt to assets ratio. 0.6) 0.6 Times interest earned. 14.6 || times 11.2 times