NESS COMPANY Balance Sheets December 31 (in thousands) 2022 2021 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 470 400 Inventory 460 390 Prepaid expenses 130 160 Total current assets 1.390 1,310 Property, plant, and equipment (net) 410 380 Investments 10 10 Intangibles and other assets 530 510 Total assets $2.340 $2.210 Current liabilities $820 $790 Long-term liabilities 480 380 Stockholders' equity-common 1,040 1,040 Total liabilities and stockholders' equity $2.340 $2.210 NESS COMPANY Income Statements For the Year Ended December 31 (in thousands) 2022 2021 $3,800 $3.460 Sales revenue Costs and expenses Cost of goods sold 970 890 Selling & administrative expenses 2,400 2,330 Interest expense 10 20 Total costs and expenses 3,380 3,240 Income before income taxes 420 220 Income tax expense 168 88 Net income $252 $132 Compute the following ratios for 2022 and 2021. (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%.)