please just answer part B, thank you!

Accounts receivable turnover Inventory turnover 3.3 times 4.2 times 2025ROFITABILITY2024%Change ROFITABILITY rofit margin sset turnover eturn on assets arnings per share (b) their December 31, 2025, levels. Total assets on December 31, 2026, were $895,000. The market price of common stock was $9 and $12 on December 31,2025 and 2026 , respectively. Net income for 2026 was $55,000. (Use a simple average calculation for EPS.) Compute liquidity and profitability ratios, and indicate the percentage change in liquidity and profitability ratios of Pharoah Company from 2024 to 2025. (Note: Not all profitability ratios can be computed, nor can cash-basis ratios be computed.) (Round Curent ratio, Asset turnover and Earnings per share to 2 decimai places, es. 15.50. Round \% change to O decimal places, for e. 1%, Round Additional information: 1. Inventory at the beginning of 2024 was $115,000. 2. Accounts receivable (net) at the beginning of 2024 were $89,000. 3. Total assets at the beginning of 2024 were $633,000. 4. No common stock transactions occurred during 2024 or 2025. 5. All sales were on credit. The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2025, and (2) as of December 31,2026, and percentage change in each ratio after giving effect to the situation. (Round Debt to assets ratio to 0 decimal places, eg. 15 and round all other answers to 1 decimal place & intermediate calculation to two decimal places wherever required, es. 15.5. Round % change to 0 decimai places, for es 1% and if % change is a decrease show the numbers as negotive, es. - 1% or (19).) Question 3 of 4 5.33/12 2. All of the notes payable were paid in 2026. All other liabilities remained at their December 31, 2025, levels. Total assets on December 31, 2026, were Debt to assets ratio $895,000. 3. The market price of common stock was $9 and $12 on December 31,2025 and 2026 , respectively. Net income for 2026 was $55,000. (Use a simple Price-earnings ratio average calculation for EPS.) eTextbook and Media