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The condensed financial statements of Carla Vista Co for the years 2021 and 2022 are presented as follows. (Amounts in thousands.) CARLA VISTA CO. Balance

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The condensed financial statements of Carla Vista Co for the years 2021 and 2022 are presented as follows. (Amounts in thousands.) CARLA VISTA CO. Balance Sheets December 31 2022 2021 $330 $360 600 530 470 400 120 160 1.520 1.450 140 140 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment (net) Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity--common Total liabilities and stockholders equity 420 380 530 510 $2,610 $2,480 $1.030 $920 420 390 1.160 1.170 $2,610 $2.480 CARLA VISTA CO. CARLA TACO. Income Statements For the Year Ended December 31 2022 2021 Sales revenue $3,810 $3,470 Costs and expenses Cost of goods sold 1,085 1,020 Selling & administrative expenses 2.400 2.330 Interest expense 25 20 Total costs and expenses 3,510 3.370 Income before income taxes 300 100 Income tax expense Net income $ 210 $70 90 30 Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place, eg. 1.8 or 12.6%) (a) (b) Current ratio Inventory turnover. (Inventory on 12/31/20, was $440.) Profit margin (c) (d) Return on assets. (Assets on 12/31/20, were $2,510) (e) Return on common stockholders equity (Stockholders' equity on 12/31/20. was $930) ( Debt to assets ratio, Times interest earned. 2022 2021 Current ratio, :1 :1 1 Inventory turnover Profit margin % % * Return on assets. % % Return on common stockholders' equity. % 96 Debt to assets ratio. % %6 Times Interest earned, times times

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