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he condensed financial statements of Sheridan Company for the years 2021 and 2022 are presented below. SheridanCompany Income Statements For the Years Ended December 31
he condensed financial statements of Sheridan Company for the years 2021 and 2022 are presented below. SheridanCompany Income Statements For the Years Ended December 31 (in thousands) Compute the following ratios for 2022 and 2021. Inventory on December 31, 2020, was $310. Assets on December 31 , 2020, were $1,900. Stockholders' Equity - Common on December 31, 2020, was $870. (Round current ratio and inventory turnover to 2 decimal places, e.g. 15.25. Round other answers to 1 decimal place, e.g. 15.2 or 15.2\%.)
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