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The condensed financial statements of pharoah company for the years 2026 and 2027 are presented as follows. (amounts in the thousands). balance sheet 2027: current

The condensed financial statements of pharoah company for the years 2026 and 2027 are presented as follows. (amounts in the thousands). balance sheet 2027: current assets- cash and cash equivalents $330, accounts receivable (net) $490, inventory $580, prepaid expenses $120, total current assets $1520, investments $30, property plant & equipment (net) $420, intangible and other assets $530, total assets $2500, current liabilities $920, long term liabilities $530, stockholders' equity-common $1050, total liabilities and stockholders' equity $2500. balance sheet 2026: current assets- cash and cash equivalents $360, accounts receivable (net) $420, inventory $510, prepaid expenses $160, total current assets $1450, investments $30, property plant & equipment (net) $380, intangible and other assets $510, total assets $2370, current liabilities $810, long term liabilities $500, stockholders' equity-common $1060, total liabilities and stockholders' equity $2370. income statement 2027- net sales $3920, cost of goods sold $975, selling and administrative expenses $2400, interest expense $25, total expenses $3400, income before income taxes $520, income tax expense $156, net income $364. income statement 2026- net sales $3580, cost of goods sold $910, selling and administrative expenses $2330, interest expense $20, total expenses $3260, income before income taxes $320, income tax expense $96, net income $224.
compute the following ratios for 2027 and 2026.
a. current ratio
b. inventory turnover (inventory on 12/31/2025 was $440)
c. profit margin
d. return on assets (assets on 12/31/2025 were $2870)
e. return on common stockholders equity (stockholders equity-common on 12/31/2025 was $920)
f. debt to assets ratio
g. times interest earned
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The condensed financial statements of pharoah company for the years 2026 and 2027 are presented as follows. (amounts in the thousands). balance sheet 2027: current assets- cash and cash equivalents $330, accounts receivable (net) $490, inventory $580, prepald expenses $120, total current assets $1520, investments $30, property plant \& equipment (net) $420, intangible and other assets $530, total assets $2500, current liabilities $920, long term liabilities $530, stockholders' equity-common $1050, total liabllities and stockholders' equity $2500, balance sheet 2026: current assets- cash and cash equivalents $360, accounts recelvable (net) $420, inventory $510, prepaid expenses $160, total current assets $1450, investments $30, property plant \& equipment (net) $380, intangible and other assets $510, total assets $2370, current liabilities $810, long term liabilities $500, stockholders' equity-common $1060, total liabilities and stockholders' equity $2370. Income statement 2027 - net sales $3920, cost of goods sold $975, selling and administrative expenses $2400, interest expense $25, total expenses $3400, income before income taxes $520, income tax expense $156, net income $364. income statement 2026 net sales $3580, cost of goods sold $910, selling and administrative expenses $2330, interest expense $20, total expenses $3260, income before income taxes $320, income tax expense $96, net income \$224

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