Selected financial data for Changretta Inc. and Solomon Ltd. (in $ thousands) are presented below. Changretta Inc. Solomon Ltd. Statement of Comprehensive Income (Loss) Total revenue Cost of sales Gross profit Operating expenses Profit from operations Interest expense (revenue) Other expenses Other non-operating income Profit before income tax Income tax expense Profit $36,755 18,930 17,825 17,110 715 (36) 153 351 $36,333 26,136 10,197 8,076 2.121 535 949 436 2.022 627 $1,395 325 $624 Changretta Inc. Solomon Ltd. $10,838 34,096 $44,934 Balance Sheet Current assets Non-current assets Total assets Current liabilities Non-current liabilities Total liabilities Shareholders' equity Total liabilities and shareholders' equity Additional information: Average accounts receivable Average inventories Average total assets Average total shareholders' equity $9.680 38,487 $48,167 $4.958 4,766 9,724 38,443 $48,167 $6,335 4,217 10,552 34,382 $44,934 $1,413 3,398 45,412 34,200 $6,179 3,676 45,651 33,447 For each company calculate the following ratios: (Round answers to 1 decimal place, ey. 52.7 or 52.7%) Changretta Inc. Solomon Ltd. Liquidity Ratios Current ratio 2 Receivables turnover times times 3 Inventory turnover times times 4. Operating cycle days days Solvency Ratios 5 Debt to total assets %6 % 6 Interest coverage times times Profitability Ratios 7. Gross profit margin 96 % 8 Profit margin % 9 Asset turnover times times 10 Return on assets 12 Return on equity e Textbook and Media