Problem 13-04A al,b (Video) The following financial information is for Oriole Company. Oriole Company Balance Sheets December 31 2020 2019 Assets Cash Debt investments (short-term) Accounts receivable Inventory Prepaid expenses Land Building and equipment (net) Total assets Liabilities and Stockholders' Equity Notes payable Accounts payable Accrued liabilities Bonds payable, due 2023 Common stock, $10 par Retained earnings Total liabilities and stockholders' equity $ 69,000 $65,000 40,000 89,000 239,000 168,000 26,000 129,000 264,000 186,000 $888,000 $703,000 55,000 109,000 23,000 129,000 $169,000 $109,000 52,000 42,000 170,000 204,000 204,000 126,000 $703,000 66,000 42,000 251,000 156,000 $888,000 Compute the liquidity and profitability ratios of Oriole Company for 2019 and 2020. (Round all answers to 2 decimal places, eg. 1.83 or 1.83%. If % change is a decrease show the numbers as negative, e.g. -1.83% or (1.83%).) 2019 2020 % Change LIQUIDITY Current ratio Accounts receivables turnover Inventory turnover times times times times 2019 2020 % Change PROFITABILITY Profit margin Asset turnover Return on assets times times Earnings per share 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, 2020, and (2) as of December 31, 2021 after giving effect to the situation. Round all answers to 2 decimal places, e g 1.83 or 1.83% If change is a decrease show the numbers as negative, e.g.-1.8396 or (1.8390).) Situation Ratio 1. 18,000 shares of common stock were sold at par on July 1, 2021. Net income for 2021 was $54,000. Return on common stockholders' equity Debt to assets rat 2. Is. At December 31, All of the notes payable were paid in 2021. All other liabilities remained at their December 31, 2020, level 2021, total assets were $903,000 o 3. The market price of common stock was $9.00 and $13.00 on December 31, 2020 and 2021, respectively. Net income for 2021 Price-earnings ratio was $54,000. 2020 2021 % change Return on common stockholders' equity Debt to assets ratio Price earnings ratio times times