Condensed statement of financial position and income statement data for Roger Ltd. are shown below:

Calculate the receivables turnover ratio, inventory turnover ratio, and current ratio for all three years. Assume that the accounts receivable and inventory balances at the end of 2015 were equal to the balances at the end of 2016. The company does not have an allowance for doubtful accounts and all sales are on credit. (Round answers to 1 decimal place, e.g. 5.2%.)

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Condensed statement of financial position and income statement data for Roger Ltd. are shown below: 2016 $81 ROGER LTD. Statement of Financial Position December 31 (in thousands) 2018 2017 Assets Current assets Cash $28 Accounts receivable 908 707 Inventory 1,188 794 Total current assets 2,124 1,582 Property, plant, and equipment (net) 4,076 3,778 Total assets $6,200 $5,360 Liabilities and Shareholders' Equity Liabilities Current liabilities $600 $553 Non-current liabilities 3,042 2,330 Total liabilities 3,642 2,883 Shareholders' equity Common shares 996 996 Retained earnings 1,562 1,481 Total shareholders' equity 2,558 2,477 Total liabilities and shareholders' equity $6,200 $5,360 $200 497 504 1,201 3,195 $4,396 $497 1,491 1,988 996 1,412 2,408 $4,396 ROGER LTD. Income Statement Year Ended December 31 (in thousands) 2018 2017 Sales (all on credit) $4,505 $4,019 Cost of goods sold 2,483 2,109 Gross profit 2,022 1,910 Operating expenses 1,438 1,479 Income from operations 584 431 Interest expense 190 131 Income before income tax 394 300 Income tax expense Net income $295 $225 2016 $3,574 1,797 1,777 1,492 285 215 99 75 $161 (al) x Your answer is incorrect. Try again. Calculate the receivables turnover ratio, inventory turnover ratio, and current ratio for all three years. Assume that the accounts receivable and inventory balances at the end of 2015 were equal to the balances at the end of 2016. The company does not have an allowance for doubtful accounts and all sales are on credit. (Round answers to 1 decimal place, e.g. 5.2%.) 2016 2017 2018 times times times Receivables turnover times times times Inventory turnover Current ratio Attempts: 1 of 2 used