Presented below is information related to Bramble Inc. $111,000 14,800 Cash Receivables Less: Allowance Inventory Prepaid insurance Land Equipment (net) BRAMBLE INC. BALANCE SHEET DECEMBER 31, 2020 $45,100 Notes payable (short-term) Accounts payable 96,200 Accrued liabilities 169,300 Common stock (par $5) 8,100 Retained earnings 19,900 150,500 $489,100 $50,300 31,700 5,100 259,100 142,900 $489,100 BRAMBLE INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $1,401,400 Cost of goods sold Inventory, Jan. 1, 2020 $201,900 Purchases 797,500 Cost of goods available for sale 999,400 Inventory, Dec. 31, 2020 (169,300) Cost of goods sold 830,100 Gross profit on sales 571,300 Operating expenses 171,100 Net income $400,200 Compute the following ratios or relationships of Bramble Inc. Assume that the ending account balances are representative unless the information provided indicates differently. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%.) (1) Current ratio times (2) Inventory turnover times (3) Accounts receivable turnover times (4) Earnings per share $ $ (5) Profit margin on sales % (6) Return on assets on December 31, 2020 %