The condensed financial statements of Concord Company for the years 2024 and 2022 are as follows. Current assets Cash and cash equivalents Concord Company Balance Sheets December 31 (in thousands) Accounts receivable (net) Inventory Prepaid expenses Total current assets Property, plant, and equipment (net) Investments Other assets Total assets 2022 $290 460 460 140 1,350 370 1 560 $2,281 Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $2,281 $900 361 1,020 2021 $390 380 410 150 1,330 360 10 550 $2,250 $720 510 1,020 $2,250

The condensed financial statements of Concord Company for the years 202 Pand 2022 are as follows. Compute the following ratios for 2022 and 2021. Inventory on December 31,2020, was $300. Assets on December 31, 2020, were Dlocesies. 15.25. Rouind other answers to 1 dectmat pitoce, es. 15.2 or 15.2% ) places, es. 15.25. Round other answers to 1 decimal place, es. 15.2 or 15.2% )