BRAMBLE COMPANY Balance Sheets December 31 2022 2021 Current assets Cash and cash equivalents $362 $357 Accounts receivable (net) 378 466 Inventory 408 454 Prepaid expenses 154 126 Total current assets 1,302 1,403 Investments 13 14 Property, plant, and equipment (net) 400 402 Intangibles and other assets 496 528 Total assets $2,211 $2,347 Current liabilities $768 $910 Long-term liabilities 372 392 Stockholders' equity-common 1,071 1,045 Total liabilities and stockholders' equity $2,211 $2,347 BRAMBLE COMPANY Income Statements For the Years Ended December 31 2022 2021 $3,790 $3,770 Net sales Expenses Cost of goods sold 876 946 Selling and administrative expenses 2,325 2,390 Interest expense 20 18 Total expenses 3,221 3,354 Income before income taxes 569 416 Income tax expense 152 87 Net income $417 $329 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 $343.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/20 were $1,918.) Return on common stockholders' equity. (Stockholders' equity-common on 12/31/20 was $916.) (e) (f) Debt to assets ratio. (g) Times interest earned. (a) Current ratio (b) Inventory turnover (c) Profit margin 2022 :1 times % 2021 :1 times % (d) Return on assets % % (e) Return on common stockholders' equity % % (f) Debt to assets ratio % % (g) Times interest earned times times