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The condensed financial statements of Pharoah Company for the years 2021 and 2022 are as follows. begin{tabular}{lll} Stockholders' equity-common & 1,140 & 1,140 Total

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The condensed financial statements of Pharoah Company for the years 2021 and 2022 are as follows. \begin{tabular}{lll} Stockholders' equity-common & 1,140 & 1,140 \\ Total liabilities and stockholders' equity & $2,720 & $2,590 \\ \hline \end{tabular} Compute the following ratios for 2022 and 2021 . (Round current ratio and inventory turnover to 2 decimal places, es 1.83 and all other answers to 1 decimal place, eg. 1.8 or 12.6%. (a) Currentratio. (b) Inventory turnover. (Inventory on December 31, 2020, was $410.) (c) Profitmargin. (d) Return on assets. (Assets on December 31, 2020, were $2,540.) (e) Return on common stockholders' equity. (Equity on December 31, 2020, was $950.) (f) Debt to assets ratio. (g) Times interest earned. 2022 2021 Current ratio. :1 Inventory turnover. Profit margin. % % Return on assets. % % Return on common stockholders'equity. % Debt to assets ratio. % % Times interest earned. times times eTextbook and Media Saye for Later Attempts: 0 of 10 used

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