Exercise 13-13 The condensed financial statements of Cullumber Company for the years 2016 and 2017 are presented below CULLUMBER COMPANY Balance Sheets and cash equivalents Aceaunts receivable (net) Prepaid expenses 1730 165 Property, plant, and equioment vestmens Intangibles and other assets 530 510 Current labanies Long-term ables 1,0000 and steckhelders equity CULLUMBER COMPANY For the Year Ended December 31 (in Costs and 1150100 2.40 2.330 inceme taxes ncome tax Compute the following ratios for 2017 and 2016. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.) (a) Current ratio. a) Inventory turnover. (Inventory on December 31, 2015, was $380.) () Profit margin. Return on assets. (Assets on December 31, 2015, were $2,700.) e) Return on common stockholders' equity. (Equity on December 31, 2015, was $930.) ) Debt to assets ratio. (90 Times interest earned. Current rato Inventory tunover Profit margi Return on Debt to assets rabio Click if yau would ke to Show Werk for this questions Ope w Wr