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The condensed financial statements of Source Electronics for 2022 are presented below. Liabilities and Stokholders' Equity Current liabilities Long-term liabilities Common stockholders' equity Total liabilities

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The condensed financial statements of Source Electronics for 2022 are presented below. Liabilities and Stokholders' Equity Current liabilities Long-term liabilities Common stockholders' equity Total liabilities and stockholders' equity $420,000 Source Electronics Income Statement For the Year Ended December 31, 2022 Revenues $650,000 Expenses Costofgoodssold360,000 Selling and admin expenses 150,000 Interest expense Total expenses Income before income taxes 110,000 Income tax expense 33,000 Additional data as of December 31, 2021: Inventory =$47,000; Total assets =$390,000; Common stockholders' equity - $110,000. Compute the following listed ratios for 2022. (Round answers to 2 decimal ploces, eg. 1.83.) Additional data as of December 31,2021 : Inventory =$47,000; Total assets =$390,000; Common stockholders' equity =$110,000. Compute the following listed ratios for 2022. (Round answers to 2 decimal places, eg. 1.83.)

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