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The condensed financial statements of Pharoah Company for the years 2026 and 2027 are presented as follows. (Amounts in thousands.) begin{tabular}{lrr} Investments & 30 &

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The condensed financial statements of Pharoah Company for the years 2026 and 2027 are presented as follows. (Amounts in thousands.) \begin{tabular}{lrr} Investments & 30 & 30 \\ Property, plant, and equipment (net) & 420 & 380 \\ Intangibles and other assets & 530 & 510 \\ Total assets & $2,500 & $2,370 \\ Current liabilities & $920 & $810 \\ Long-term liabilities & 530 & 500 \\ Stockholders' equity-common & 1,050 & 1,060 \\ \hline Total liabilities and stockholders' equity & $2,500 & $2,370 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{c|}{\begin{tabular}{c} PHAROAH COMPANY \\ Income Statements \end{tabular}} \\ For the Years Ended December 31 & 2026 \\ \hline Net sales & $3,920 & $3,580 \\ \hline Expenses & & \\ \hline Cost of goods sold & 975 & 910 \\ \hline Selling and administrative expenses & 2,400 & 2,330 \\ \hline Interest expense & 25 & 20 \\ \hline Total expenses & 3,400 & 3,260 \\ \hline Income before income taxes & 520 & 320 \\ \hline Income tax expense & 156 & 96 \\ \hline \end{tabular} Compute the following raties for 2027 and 2026. (Round current ratio and irventory furnover to 2 decimal places, es 1.83 and all other answers fo 1 decimol place, es, 18 or 1261. (a) Currentratio. (a) Imentoryturnover, (linwentocy on 12/31/25 was 5440 ) (c) Profitmarein (d) Returnon assets, (Assets on 12/31/25 were $28370 ) (e) Peturnon common stockholders eauity. (Stockholders equity-common on 12/31/25 was 5920 ) (1) Debt to assetsratio. (8) Tines interest earned

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