The condensed financial statements of Sunland Company for the years 2019 and 2020 are presented as follows. (Amounts in thousands.) SUNLAND COMPANY Balance Sheets December 31 2020 2019 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 500 430 Inventory 520 450 120 160 1,470 1,400 40 40 420 380 Prepaid expenses Total current assets Investments Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Long-term liabilities 530 510 $2.460 $2,330 $930 $820 470 440 Stockholders' equity-common 1,060 1,070 Total liabilities and stockholders' equity $2,460 $2,330 SUNLAND COMPANY Income Statements For the Years Ended December 31 2020 2019 $3,860 $3,520 985 920 Sales revenue Costs and expenses Cost of goods sold Selling & administrative expenses Interest expense Total costs and expenses Income before income taxes 2,400 2,330 25 20 3,410 3,270 450 250 Income tax expense 135 75 Net Income $315 $175 Compute the following ratios for 2020 and 2019. (Round current ratio and inventory turnover to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place (a) Current ratio. (b) Inventory turnover (Inventory on 12/31/18, was $350.) (c) Profit margin (d) Return on assets. (Assets on 12/31/18, were $2,910.) le) Return on common stockholders' equity. (Stockholders' equity on 12/31/18, was $990.) (Debt to assets ratio. (8) Times interest earned. Compute the following ratios for 2020 and 2019. (Round current ratio and inventory turnover to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place, e. (a) Current ratio. (b) Inventory turnover. (Inventory on 12/31/18, was $350) (c) Profit margin (d) Return on assets. (Assets on 12/31/18, were $2,910.) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/18, was $990.) ( Debt to assets ratio. (B) Times interest earned, 2020 2019 (a) Current ratio :1 :1 (b) Inventory turnover times times (c) Profit margin % % (d) Return on assets % % (e) Return on common stockholders' equity % % C Debt to assets ratio % %6 (B) Times interest earned times times