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Please answer all 3 if possible. Will upvote Condensed statement of financial position and income statement data for Pronghorn Ltd. are shown below. You are

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Please answer all 3 if possible. Will upvote

Condensed statement of financial position and income statement data for Pronghorn Ltd. are shown below. You are required to calculate certain financial ratios. Round your final results to one decimal place. 2017 2016 PRONGHORN LTD. Statement of Financial Position December 31 (in thousands) 2018 Assets Current assets Cash $ 30 Accounts receivable 900 Inventory 1,200 Total current assets 2,130 Property, plant, and equipment (net) 4,100 Total assets 56,230 Liabilities and Shareholders' Equity Liabilities Current liabilities $ 600 Non-current liabilities 3,070 Total liabilities 3.670 Sharcholders' equily Common shares 1,000 Retained earnings 1.560 Tolal slarvholders' cquity 2.560 Total liabilities and sharelulders' equily $6.230 $ 80 700 800 1.580 3,800 $5,380 $ 200 500 500 1,200 3,200 $4,400 $ 550 2.320 2.870 $ 500 1,500 2,000 1.000 1.510 2.510 $5,380 1,000 1.400 2.100 $1100 PRONGHORN LTD. Income Statement Year Ended December 31 (in thousands) 2018 2017 Sales (all on credit) $4,500 $4,000 Cost of goods sold 2.500 2,100 Gross profit 2,000 1,900 Operating expenses 1,450 1,475 Income from operations 550 425 Interest expense 190 130 Income before income tax 360 295 Income tax expense 75 Net income $ 270 $ 220 2016 $3,600 1,800 1,800 1,490 310 70 240 60 $ 180 90 san The receivables turnover ratio for 2018 is 4.6 times o 4.9 times 8.2 times 6.3 times None of the above The gross profit margin for 2016 is 50% 44% O22% 33.3% None of the above The current ratio for 2017 is 2.9 3.9 3.2 3.3 None of the above

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