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SANDHILL CO. Balance Sheets December 31 Current assets Long-term liabilities 460 Stockholders' equity-common Total liabilities and stockholders' equity $2,590$2,460 SANDHILL CO. Income Statements For the

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SANDHILL CO. Balance Sheets December 31 Current assets Long-term liabilities 460 Stockholders' equity-common Total liabilities and stockholders' equity $2,590$2,460 SANDHILL CO. Income Statements For the Years Ended December 31 Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal p all other answers to 1 decimal place, e.g. 1.8 or 12.6% ) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/20 was $380.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/20 were $2,690.) (e) Return on common stockholders' equity. (Stockholders' equity-common on 12/31/20 was $920.) (f) Debt to assets ratio. (g) Times interest earned. ta) Current ratio (b) inventory turnever (c) Protitmargin (d) Returnon asses (e) Return oncedmmonstocktolders' equity (1) Debt to assets ratio (d) Times interest earned times times

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