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Comparative financial statement data of Tanfieid, inc. follow. (Click the icon to verw the income statement.) (Cick the icon to view the balance sheet) Tanfield,

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Comparative financial statement data of Tanfieid, inc. follow. (Click the icon to verw the income statement.) (Cick the icon to view the balance sheet) Tanfield, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Comparative Income Statement Balance Sheet Balance Sheet Requirements 1. Compute the following ratios for 2024 and 2023 : a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockholders' equity h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Tanfield's ability to pay debts and to sell inventory improved or deteriorated during 2024 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Additional Financial Information 1. Market price of Tanfield's common stock: $61.03 at December 31,2024 , and $29.76 at December 31,2023. 2. Common shares outstanding: 15,000 on December 31, 2024 and 13,000 on December 31, 2023 and 2022. 3. All sales are on credit

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