The condensed financial statements of Sandhill Co, for the years 2021 and 2022 are as follows. SANDHILL CO. Balance Sheets December 31 (in thousands) 2022 2021 $328 $ 357 530 460 640 570 130 160 1.628 1,547 70 70 Current assets Cash and cash equivalents Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments Property, plant, and equipment (net) Intangibles and other assets Total assets Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity 412 380 530 513 $ 2.640 $2.510 $ 880 $ 850 660 560 1,100 1.100 $ 2,640 $2,510 918 SANDHILL CO. Income Statements For the Year Ended December 31 (in thousands) 2022 2021 Sales revenue $3.980 $3,640 Costs and expenses Cost of goods sold 1,089 Selling & administrative expenses 2.400 2,330 Interest expense Total costs and expenses 3,499 3,268 Income before income taxes Income tax expense Net income $ 289 $ 223 10 20 481 372 192 149 Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%) (a) (b) (c) (d) Current ratio. Inventory turnover. (Inventory on December 31, 2020, was $ 450.) Profit margin Return on assets. (Assets on December 31, 2020, were $ 2,750.). Return on common stockholders' equity. (Equity on December 31, 2020, was $ 960.) Debt to assets ratio. Times interest earned le) (f) (8) Return on common stockholders' equity. % % % Debt to assets ratio. % % Times interest earned. times times Touthoolid Media