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information given: Question: thank you! The condensed financial statements of Sunland Company for the years 2021 and 2022 are presented as follows: (Amounts in thousands.)
information given: Question: thank you! The condensed financial statements of Sunland Company for the years 2021 and 2022 are presented as follows: (Amounts in thousands.) SUNLAND COMPANY Income Statements For the Year Ended December 31 Compute the following ratios for 2022 and 2021 . (Round current ratio and inventory turnover to 2 decimal places, es. 1.83 and all other answers to 1 decimal ploce, 8.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/20 was $420.) (c) Profitmargin. (d) Return on assets. (Assets on 12/31/20 were $2.800 ) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/20 was $910 ) (f) Debt to assets ratio. (g) Times interest earned. 2022 2021 Current ratio. ;1 ;1 Inventory turnover. times times Profit margin. % Return on assets. Return on common stockholders' equity. % % Debt to assets ratio. Times interest earned. times times eTextbook and Media Save for Later Attempts: unlimited
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