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Cullumber Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash Accounts receivable, net Inventory Other current assets Total current assets
Cullumber Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets Cash Accounts receivable, net Inventory Other current assets Total current assets Property, plant, \& equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities Long-term debt Total liabilities Preferred stock, $5 par value Common stock, $0.25 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rrr} $397,000 & & $417,450 \\ 1,089,000 & & 776,400 \\ 733,000 & & 681,050 \\ 381,400 & & 247,100 \\ \hline 2,600,400 & & 2,122,000 \\ 8,616,295 & & 8,439,830 \\ \hline$11,216,695 & & $10,561,830 \\ \hline \hline \end{tabular} \begin{tabular}{|c|c|} \hline$3,156,000 & $2,846,050 \\ \hline 3,702,600 & 3,892,600 \\ \hline 6,858,600 & 6,738,650 \\ \hline 58,950 & 58,950 \\ \hline 104,650 & 103,850 \\ \hline 4,194,495 & 3,660,380 \\ \hline 4,358,095 & 3,823,180 \\ \hline$11,216,695 & $10,561,830 \\ \hline \end{tabular} Calculate the following profitability ratios for 2020. (Round answers to 1 decimal place, e.g. 50.1\%.) Calculate the following profitability ratios for 2020. (Round answers to 1 decimal place, e.g. 50.1%.)
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