Compute Ilquidity and profitability ratlos, and indicate the percentage change in liquidity and profitability ratios of Cullumber

Company from $2024$ to $2025.($Note: Not all profitabllity ratios can be computed, nor can cash$-$basls ratlos be computed.$)($Round

Curent ratio, Asset turnover and Earnings per share to $2$ decimal places, eg$.15\mathrm{.}50.$ Round $ change to $0$ decimal places, for e$.$g$.1\%.$ Round

all other answers to $1$ decimal place, e$.$g$.15\mathrm{.}5.$ If $\%$ change is a decrease show the numbers as negative, e$.$g$.-1\%$ or $(1\%).)$

Earnings pershare $

eTextbook and Media

The following are three independent sltuations and a ratlo that may be affected. For each sltuation, compute the affected ratio $(1)$

$28$ of December $31,2025,$ and $(2)$ as of December $31,2026,$ and percentage change in each ratlo after glving effect to the

sttuation. $($Round Debt to assets ratio to $0$ decimal places, eg$.15$ and round all other answers to $1$ decimal place & intermediate

calculation to two decimal places wherever required, eg$.15\mathrm{.}5.$ Round $\%$ change to $0$ decimal places, for e$.$g$.1\%$ and if $\%$ change is a

decrease show the numbers as negative, e$.$g$.-1\%$ or $(1\%).)$

Situation

$18,000$ shares of common stock were sold at par on July $1,2026.$ Net

income for $2026$ was $$53,000,$ and there were no dlvildends.

All of the notes payable were pald in $2026.$ A$.$ll other llabilitles remained at

thelr December $31,2025,$ levels. Total assets on December $31,2026,$ were

$$904,000.$

The market price of common stock was $$9$ and $$13$ on December $31,2025$

and $2026,$ respectlvely. Net Income for $2026$ was $$53,000.($Use a simple

average calculation for EPS.$)$

Ratlo

Return on common stockholders' equlty

Debt to assets ratlo

Prlce$-$earnings ratio

Price$-$earnings ratioAdditional information:

Inventory at the beginning of $2024$ was $$116,000.$

Accounts receivable $($net$)$ at the beginning of $2024$ were $$90,000.$

Total assets at the beginning of $2024$ were $$642,000.$

No common stock transactions occurred during $2024$ or $2025.$

All sales were on credit.

Compute liquidity and profitability ratios, and indicate the percentage change in liquidity and profitability ratios of Cullumber

Company from $2024$ to $2025.($Note: Not all profitability ratios can be computed, nor can cash$-$basis ratios be computed.$)($Round

Curent ratio, Asset turnover and Earnings per share to $2$ decimal places, e$.$g$.15\mathrm{.}50.$ Round $\%$ change to $0$ decimal places, for e$.$g$.1\%.$ Round

all other answers to $1$ decimal place, e$.$g$.15\mathrm{.}5.$ If $\%$ change is a decrease show the numbers as negative, e$.$g$.-1\%$ or $(1\%).)$