The condensed financial statements of Sunland Company for the years 2021 and 2022 are as follows. \begin{tabular}{lrr} Long-term liabilities & 620 & 520 \\ Stockholders' equity-common & 1,140 & 1,140 \\ \cline { 1 - 2 } Total liabilities and stockholders' equity & $2,680 & $2,550 \\ \hline \end{tabular} SUNLAND COMPANY Income Statements For the Years Ended December 31 (in thousands) Costs and expenses \begin{tabular}{lrr} Cost of goods sold & 1,070 & 990 \\ Selling \& administrative expenses & 2,400 & 2,330 \\ Interest expense & 10 & 20 \\ Total costs and expenses & 3,480 & 3,340 \\ \hline Income before income taxes & 460 & 260 \\ Income tax expense & 184 & 104 \\ \hline Net income & $276 & $156 \\ \hline \end{tabular} Compute the following ratios for 2022 and 2021. (Round current rotio and imventory turnover to 2 decimal places, eg 1.83. Round profit margin, return on assets, return on common stockholders' equity and debt to assets natio to 1 decimal place, eg. 12.6\%! (a) Currentratio, (b) Inventory turnover (inventory on December 31,2020 , was $450.) (c) Profit margin (d) Return on assets. (Assets on December 31,2020 , were $2,350.) (c) Return on common stockholders' equity. (Equity on December 31, 2020, was $930.) (i) Debt to assets ratio. (g) Times interest earned. 2022 2021 (a) Current ratio. 1 1. (b) Inventory turnover. (c) Profit margin. (d) Return on assets. (e) Return on common stockholders' equity. (f) Debt to assets ratio. % (8) Times interest earned. times times eTextbook and Media