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Comparative financial statement data for Blossom Corporation and Ayayai Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022. Blossom

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Comparative financial statement data for Blossom Corporation and Ayayai Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022. Blossom Corporation Ayayai Corporation 2022 2022 Net sales $2,628,000 $905,200 Cost of goods sold 1.715,500 496,400 Operating expenses 413,180 143,080 Interest expense 13,140 5,548 Income tax expense 124,100 52,560 Current assets 455,125 196,900 Plant assets (net) 776,720 204,003 Current liabilities 96,835 49,225 Long-term liabilities 158,410 59,399 Compute working capital and the current ratios for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7: 1.) Working Capital Current Ratio Blossom Corporation :1 Ayayai Corporation :1 eTextbook and Media Save for Later Attempts: 1 of 5 used Submit Answer (b) Compute the debt to assets ratio for each company for 2022. (Round debt to assets ratio to 1 decimal place, eg. 78.9%.) Debt to Assets Ratio Blossom Corporation Ayayai Corporation eTextbook and Media Save for Later Attempts: 0 of 5 used. Submit

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