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The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31

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The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31 2020 2019 $ 330 370 360 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity 130 1,190 10 350 480 $2,030 $ 350 440 430 100 1,320 10 390 500 $2,220 $ 870 380 970 $2,220 $ 760 350 920 $2,030 MURAWSKI COMPANY Income Statements For the Years Ended December 31 CES MURAWSKI COMPANY Income Statements For the Years Ended December 31 2020 $3,700 2019 $3,770 Sales revenue Costs and expenses Cost of goods sold Selling & administrative expenses Interest expense Total costs and expenses Income before income taxes Income tax expense Net income 940 2,370 18 dy 860 2,300 20 3,180 520 138 $ 382 3,328 442 70 11 $ 372 Compute the following ratios for 2020 and 2019. (Round current ratio and invertory turnover ratio to 2 decimal places, e.g. 1.62 or 1.62% and all other answers to 1 decimal place, e.g. 1.6 or 1.6%) (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/18 was $310.) (c) Profit margin ratio (d) Return on assets. (Assets on 12/31/18 were $1,870.) Return on common stockholders' equity. (Stockholders' equity on 12/31/18 was $880.) (0) Debt to assets ratio. Times interest earned. (a) (b) (d) (e) (0) (9) Current ratio. Inventory turnover. (Inventory on 12/31/18 was $310.) Profit margin ratio. Return on assets. (Assets on 12/31/18 were $1,870.) Return on common stockholders' equity. (Stockholders' equity on 12/31/18 was $880.) Debt to assets ratio Times interest earned. 2020 2019 :1 (a) Current ratio :1 times times (b) Inventory turnover % % (c) Profit margin ratio % % (d) Return on assets % % % % (e) Return on common stockholders' equity (1) Debt to assets ratio (g) Times interest earned times times

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