The condensed financial statements of Sheridan Company for the years 2021 and 2022 are as follows. SHERIDAN COMPANY Balance Sheets December 31 (in thousands) 2021 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 2022 $288 580 490 130 1,488 120 452 530 $2,590 $930 510 1,150 $2,590 $359 510 420 160 1,449 120 380 511 $2,460 $900 410 1,150 $2,460 SHERIDAN COMPANY Income Statements For the Year Ended December 31 (in thousands) 2022 2021 Sales revenue $3,830 $3,490 Costs and expenses Cost of goods sold 1,092 810 Selling & administrative expenses 2,400 2,330 Interest expense 10 20 Total costs and expenses 3,502 3,160 Income before income taxes 328 330 Income tax expense 131 132 Net income $197 $ 198 Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2020, was $390.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2020, were $2,430.) (e) Return on common stockholders' equity. (Equity on December 31, 2020, was $930.) (f) Debt to assets ratio. (g) Times interest earned. Current ratio. Inventory turnover. Profit margin. Return on assets. Return on common stockholders' equity. Debt to assets ratio. Times interest earned. 2022 :1 % % % % times 2021 :1 % % % % times