The condensed financial statements of Pharoah Company for the years 2021 and 2022 are as follows. PHAROAH COMPANY Balance Sheets December 31 (in thousands) 2022 2021 Current assets $330 $360 Cash and cash equivalents Accounts receivable (net) 640 570 Inventory 550 480 Prepaid expenses 130 160 1,650 1,570 410 380 Total current assets Property, plant, and equipment (net) Hawestments Intangibles and other assets Total assets 180 180 530 510 $2.770 $2,640 Current liabilities $990 $960 Long-term liabilities 570 470 Stockholders' equity-common 1.210 1.210 Total liabilities and stockholders' equity $2.770 $2.640 PHAROAH COMPANY Income Statements For the Years Ended December 31 (in thousands) 2022 2021 $3,890 $3,550 Sales revenue Costs and expenses Cost of goods sold Selling & administrative expenses 1.140 1.060 2.400 2.330 10 20 Interest expense 3,550 3.410 Total costs and expenses 340 140 Income before income taxes 136 56 Income tax expense $ 204 $B4 Net income Compute the following ratios for 2022 and 2021. Round current ratio and inventory turnover to 2 decimal places es 1.83. Round profit margin, return on assets, return on common stockholders' equity and debt to assets ratio to 1 decimal place. es. 12.6%) Current ratio (6) Inventory turnover (Inventory on December 31, 2020, was $440) c) Profit margin (di le Return on assets. (Assets on December 31, 2020, were $2.480.) Return on common stockholders equity. (Equity on December 31, 2020, was $960.) Debt to assets ratio Times interest earned (0 2021 2022 :1 (a) Current ratio (6) Inventory turnover te) Profit margin (d) Return on assets (e) Return on common stockholders equity Debt to assets ratio times times (e) Times interest earned Thank and