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Comparative financial statement data of Tanfield, Inc., follow. (Click the icon to view the income statements.) (Click the icon to view the balance sheets.) 1.
Comparative financial statement data of Tanfield, Inc., follow. (Click the icon to view the income statements.) (Click the icon to view the balance sheets.) 1. Market price of Tanfield's common stock: $47.67 at December 31,2020 , and $27.84 at December 31,2019 2. Common shares outstanding: 11,000,000 during 2020 and 11,000,000 during 2019 3. All sales are credit sales Read the requirements. Requirement 1. Compute the following ratios for 2020 and 2019 . (Round all ratios to two decimal places.)
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