Current Attempt in Progress The condensed financial statements of Sunland Company for the years 2024 and 2025 are as follows. Sunland Company Balance Sheets December 31 (in thousands) 2025 2024 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 570 500 Inventory 600 530 Prepaid expenses 130 160 Total current assets 1,630 1.550 Investments 110 110 Property, plant, and equipment (net) 410 380 Other assets 530 510 Total assets $2,680 $2,550 Current liabilities $920 $890 Long-term liabilities 620 520 Stockholders' equity-common 1,140 1,140 Total liabilities and stockholders' equity $2,680 $2,550 Sunland Company Income Statements For the Year Ended December 31 (in thousands) Net sales 2025 2024 $3.940 $3,600 Sunland Company Income Statements For the Year Ended December 31 (in thousands) Net sales 2025 2024 $3,940 $3,600 Expenses Cost of goods sold 1,070 990 Selling and administrative expenses 2,400 2,330 Interest expense 10 20 Total expenses 3,480 3,340 Income before income taxes 460 260 Income tax expense 184 104 Net income $276 $156 Compute the following ratios for 2025 and 2024. (Round current ratio and inventory turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 12.6%) a. Current ratio. b. Inventory turnover. (Inventory on December 31, 2023. was $450) C Profit margin. d. Return on assets. (Assets on December 31, 2023, were $2.350.) e. Return on common stockholders' equity. (Stockholders' equity-common on December 31, 2023, was $9301 f Debt to assets ratio. B Times interest earned. Current ratio Inventory turnover 2025 2024 :1 times times Compute the following ratios for 2025 and 2024. (Round current ratio and inventory turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%) a. Current ratio. b. Inventory turnover. (Inventory on December 31, 2023, was $450.) c. Profit margin. d. Return on assets. (Assets on December 31, 2023, were $2,350.) e. Return on common stockholders' equity. (Stockholders' equity-common on December 31, 2023, was $930) f. Debt to assets ratio. g. Times interest earned. Current ratio Inventory turnover Profit margin 2025 2024 :1 1 times % Return on assets Return on common stockholders' equity % at Debt to assets ratio % Times interest earned times % times times