Comparative financial statement data of Manfield, Inc., follow: (Click the icon to view the income statements.) (Click the icon to view the balance sheet:) Market price of Manfield's common stock: $43.68 at December 31, 2020, and $30.56 at December 31, 2010 Common phares outstanding: 13,000,000 during 2020 and 13,000,000 during 2019 3. All sales are credit sales Read the requirements 1. 2. Income statements - X A B 0 1 2 2 Manfield, Inc. Comparative Income Statements For the Years Ended December 31, 2020 and 2019 (amounts in thousands) 3 4 LO 5 2020 2019 6 Sales revenues $ 450,880$ 414,420 246,000 214,000 $ 204,880 $ 200,420 7 Less: Cost of goods sold 8 Gross profit 9 Less: Operating expenses 10 Operating income 11 Less: Interest expense 130,000 126,000 $ 74,880 $ 74,420 10,400 12,200 12 Income before income taxes $ 64,480 $ 62,220 13 Less: Income tax expense 9,180 16,020 14 Net income $ 55,300 $ 46,200 A B D 1 Manfield, Inc. N 2 Comparative Balance Sheets 3 December 31, 2020 and 2019 (amounts in thousands) 4 5 2020 2019 2018" 6 Assets 7 Current assets: 8 Cash $ 94,000 93,000 $ 110,500 9 Accounts receivable 119,500 $ 100,000 173,500 $ 168,900 10 Inventory 134,000 11 Prepaid expenses 12,500 9,000 12 Total current assets $ 350,000 $ 396,000 205,000 175,000 13 Property, plant, and equipment, net 14 Total assets $ 555,000 $ 571,000 Balance sheets 11 Prepaid expenses 12 Total current assets 12,500 9,000 13 Property, plant, and equipment, net $ 350,000 $ 396,000 205,000 175,000 14 Total assets $ 555,000 $ 571,000 15 Liabilities 16 Current liabilities $ 200,000 $ 240,000 17 Long-term liabilities 109,000 87,000 18 Total liabilities $ 309,000 $ 327,000 19 Stockholders' equity 20 Preferred stock, 4% 21 Total common stockholders' equity 22 Total stockholders' equity $ 115,000 $ 115,000 131,000 129,000 $ 131,000 $ 246,000 $ 244,000 23 ) $ 555,000 $ 571,000 24 Total liabilities and equity 25 "Selected 2018 amounts Comparative financial statement data of Manfield, Inc., follow Requirement 1. Compute the following ratios for 2020 and 2019. (Round all ratios to two decimal places.) 2020 2019 a. Current ratio 2020 2019 b. Times-interest-earned ratio 2020 2019 c. Inventory turnover 2020 2019 d. Operating income percentage 2020 2019 e. Return on common stockholders' equity 2020 2019 f. Earnings per share of common stock 2020 2019 g. Price/earnings ratio Requirement 2 Dudio (w webwertedorabilny to pay obtened to set inventory moved or deletiratet ung 2020 and water the breatment atractiveren or to somoon Hock esperant faire Mart's ability to wys dat door h. There are se