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The condensed financial statements of Sandhill Co. for the vears 2021 and 2022 are as follows. SANDHILL CO. Income Statements For the Years Ended December

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The condensed financial statements of Sandhill Co. for the vears 2021 and 2022 are as follows. SANDHILL CO. Income Statements For the Years Ended December 31 (in thousands) \begin{tabular}{|c|c|c|} \hline & 2022 & 2021 \\ \hline Sales revenue & $3,910 & $3,570 \\ \hline \multicolumn{3}{|l|}{ Costs and expenses } \\ \hline Cost of goods sold & 1,080 & 1,000 \\ \hline Selling \& administrative expenses & 2,400 & 2,330 \\ \hline Interest expense & 10 & 20 \\ \hline Total costs and expenses & 3,490 & 3,350 \\ \hline Income before income taxes & 420 & 220 \\ \hline Income tax expense & 168 & 88 \\ \hline Net income & $252 & $132 \\ \hline \end{tabular} Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83. Round profit margin, return on assets, return on common stockholder equity and debt to assets ratio to 1 decimal place, e.g. 12.6%.)

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