December 31 (in thousands) 2022 2021 Current assets Cash and cash equivalents $ 326 $385 Accounts receivable (net) 630 560 Inventory 580 510 Prepaid expenses 130 160 Total current assets 1,666 1,615 Investments 170 170 Property, plant, and equipment (net) 414 380 Intangibles and other assets 530 485 Total assets $ 2,780 $ 2,650 Current liabilities $ 980 $ 950 Long-term liabilities 600 500 Stockholders' equity-common 1.200 1,200 Total liabilities and stockholders' equity $ 2.780 $ 2,650 BLOSSOM COMPANY Income Statements For the Year Ended December 31 (in thousands) 2022 2021 $3,920 $ 3,580 Sales revenue Costs and expenses 1,090 1,045 Cost of goods sold 2,400 2,330 Selling & administrative expenses 10 20 Interest expense 3,500 Total costs and expenses 3,395 420 185 Income before income taxes 168 74 Income tax expense $ 252 $ 111 Net income Question 3 Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal answers to 1 decimal place, eg. 1.8 or 12.6%.) aga ama Current ratio. Inventory turnover. (Inventory on December 31, 2020, was $ 440.) Profit margin Return on assets. (Assets on December 31, 2020, were $ 2,180.) Return on common stockholders' equity. (Equity on December 31, 2020, was $ 930.) Debt to assets ratio. Times interest earned 2021 2022 2022 2021 :1 Current ratio Inventory turnover % Profit margin. % * * * Return on assets. % Return on common stockholders' equity. % % Debt to assets ratio. times times Times interest earned e Textbook and Media itd