Do It! Review 14-3 The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31 2020 2019 5 $360 450 $ 356 380 380 136 1,252 480 122 dy 1,412 13 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity 360 526 $2,151 $ 782 418 504 $2,347 $ 884 420 1,043 $2,347 366 1,003 $2,151 W ITH COMIDANS CALCULATOR FULL 2019 $3,820 MURAWSKI COMPANY Income Statements For the Years Ended December 31 2020 Sales revenue $3,910 Costs and expenses Cost of goods sold 860 Selling & administrative expenses 2,340 Interest expense Total costs and expenses 3,221 Income before income taxes 689 Income tax expense 176 Net income $ 513 990 2,410 21 24 3,424 396 Compute the following ratios for 2020 and 2019. (Round current ratio and Invertory turnover ratio to 2 decimal places, e.g. 1.62 decimal place, e.g. 1.6 or 1.6%.) (a) (b) (c) (d) (e) (1) (g) Current ratio. Inventory turnover. (Inventory on 12/31/18 was $341.) Profit margin ratio. Return on assets. (Assets on 12/31/18 were $1,872.) Return on common stockholders' equity. (Stockholders' equity on 12/31/18 was $898.) Debt to assets ratio. Times interest earned. 2019 (a) Current ratio :1 (b) Inventory turnover times (c) Profit margin ratio (d) Return on assets (e) Return on common stockholders' equity (1) Debt to assets ratio (9) Times interest earned times times Click if you would like to Show Work for this question: Open Show Work