The condensed financial statements of Sheridan Company for the years 2021 and 2022 are presented below. SHERIDAN COMPANY Balance Sheets December 31 (in thousands) 2022 2021 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 580 510 Inventory 490 420 Prepaid expenses 130 160 Total current assets 1,530 1.450 Property, plant and equipment (net) 410 380 Investments 120 120 Intangibles and other assets 530 510 Total assets $2,590 $2,460 Current liabilities $930 $900 Long-term liabilities 510 410 Stockholders' equity-common 1.150 1150 Total liabilities and stockholders' equity $2.590 $2,460 SHERIDAN COMPANY Income Statements For the Year Ended December 31 (in thousands) 2022 2021 Sales revenue $3.830 $3.490 1.080 1.000 2400 2,330 10 20 Costs and expenses Cost of goods sold Selling & administrative expenses Interest expense Total costs and expenses Income before income taxes Income tax expense Net income 3.490 3,350 340 140 136 56 $ 204 $84 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 ploe, es. 18 or 126%) (a) (b) c) Current ratio Inventory turnover (Inventory on December 31, 2020 was $390.) Profit margin Return on assets. (Assets on December 31, 2020, were $2430.) Return on common stockholders' equity. (Equity on December 31, 2020, was 5930.) id) le) Debt to assets ratio. ( Times interest earned 2022 2021 161 165 -1 161 Current ratio. 1 2.37 247 Inventory turnover. Profit margin. 5.33 96 % 241 8.08 Return on assets % 3.44 % 17.74 % 8.08 Return on common stockholders equity % 55,60 % 5325 Debt to assets ratio. % times 34 times Times interest earned