The condensed financial statements of Cullumber Company for the years 2016 and 2017 are presented below.

CULLUMBER COMPANY Balance Sheets December 31 (in thousands)

2017

2016

Current assets Cash and cash equivalents

$ 330

$ 360

Accounts receivable (net)

650

580

Inventory

580

510

Prepaid expenses

130

160

Total current assets

1,690

1,610

Property, plant, and equipment (net)

410

380

Investments

190

190

Intangibles and other assets

530

510

Total assets

$ 2,820

$ 2,690

Current liabilities

$ 1,000

$ 970

Long-term liabilities

600

500

Stockholders equitycommon

1,220

1,220

Total liabilities and stockholders equity

$ 2,820

$ 2,690

CULLUMBER COMPANY Income Statements For the Year Ended December 31 (in thousands)
		2017		2016
Sales revenue		$ 3,920		$ 3,580
Costs and expenses
Cost of goods sold		1,150		1,070
Selling & administrative expenses		2,400		2,330
Interest expense		10		20
Total costs and expenses		3,560		3,420
Income before income taxes		360		160
Income tax expense		144		64
Net income		$ 216		$ 96

Compute the following ratios for 2017 and 2016

(a)		Current ratio.
(b)		Inventory turnover. (Inventory on December 31, 2015, was $ 350.)
(c)		Profit margin.
(d)		Return on assets. (Assets on December 31, 2015, were $ 2,700.)
(e)		Return on common stockholders equity. (Equity on December 31, 2015, was $ 980.)
(f)		Debt to assets ratio.
(g)		Times interest earned.