Integrative: Complete ratio analysis Given the following financial statements historical ratios, and industry averages , calculate Sterling Company's financial ratios for the most recent year. (Assume a 365-day year.) Analyze its overall financial situation from both a cross-sectional and a time-series viewpoint. Break your analysis into evaluations of the firm's liquidity, activity, debt, profitability, and market. The current ratio is (Round to two decimal places.) Sterling Company Income Statement for the Year Ended December 31, 2022 Sterling Company Balance Sheet December 31, 2022 [a] I he firm has an 8-year financial lease requiring annual deginning-or-year payments or po 1, 1 uu. rive yeais of the lease have yet to run. [b] Annual credit purchases of $6,180,000 were made during the year. [c] The annual principal payment on the long-term debt is $106,000. [d] On December 31, 2022, the firm's common stock closed at $38.17 per share. Li