The following financial information is for Cullumber Company.

CULLUMBER COMPANY Balance Sheets December 31
Assets		2022		2021
Cash		$ 70,000		$ 64,000
Debt investments (short-term)		53,000		39,000
Accounts receivable		108,000		90,000
Inventory		229,000		162,000
Prepaid expenses		30,000		25,000
Land		130,000		130,000
Building and equipment (net)		264,000		185,000
Total assets		$884,000		$695,000
Liabilities and Stockholders Equity
Notes payable		$172,000		$102,000
Accounts payable		65,000		51,000
Accrued liabilities		41,000		41,000
Bonds payable, due 2025		250,000		172,000
Common stock, $10 par		202,000		202,000
Retained earnings		154,000		127,000
Total liabilities and stockholders equity		$884,000		$695,000

CULLUMBER COMPANY Income Statements For the Years Ended December 31
		2022		2021
Sales revenue		$890,000		$786,000
Cost of goods sold		641,000		575,000
Gross profit		249,000		211,000
Operating expenses		194,000		159,000
Net income		$ 55,000		$ 52,000

Additional information:

1.		Inventory at the beginning of 2021 was $116,000.
2.		Accounts receivable (net) at the beginning of 2021 were $90,000.
3.		Total assets at the beginning of 2021 were $642,000.
4.		No common stock transactions occurred during 2021 or 2022.
5.		All sales were on account.

Compute the liquidity and profitability ratios of Cullumber Company for 2021 and 2022. (Round Curent ratio, Asset turnover and Earnings per share to 2 decimal places, e.g. 15.50 and round all other answers to 1 decimal place, e.g. 15.5. Round % change to 0 decimal places, for e.g. 1% and if % change is a decrease show the numbers as negative, e.g. -1% or (1%).)

		2021			2022			% Change
LIQUIDITY
Current ratio		enter the current ratio	:1		enter the current ratio	:1		enter percentages	%
Accounts receivables turnover		enter accounts receivables turnover in times	times		enter accounts receivables turnover in times	times		enter percentages	%
Inventory turnover		enter inventory turnover in times	times		enter inventory turnover in times	times		enter percentages	%

		2021			2022			% Change
PROFITABILITY
Profit margin		enter percentages	%		enter percentages	%		enter percentages	%
Asset turnover		enter asset turnover in times	times		enter asset turnover in times	times		enter percentages	%
Return on assets		enter percentages	%		enter percentages	%		enter percentages	%
Earnings per share		$enter a dollar amount			$enter a dollar amount			enter percentages	%

Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round Debt to assets ratio to 0 decimal places, e.g. 15 and round all other answers to 1 decimal place, e.g. 15.5. Round % change to 0 decimal places, for e.g. 1% and if % change is a decrease show the numbers as negative, e.g. -1% or (1%).)

Situation				Ratio
1.		18,000 shares of common stock were sold at par on July 1, 2023. Net income for 2023 was $53,000.		Return on common stockholders equity
2.		All of the notes payable were paid in 2023. All other liabilities remained at their December 31, 2022 levels. Total assets on December 31, 2023, were $904,000.		Debt to assets ratio
3.		The market price of common stock was $9 and $13 on December 31, 2022 and 2023, respectively.		Price-earnings ratio

		2022			2023			% Change
Return on common stockholders equity		enter percentages	%		enter percentages	%		enter percentages	%
Debt to assets ratio		enter percentages	%		enter percentages	%		enter percentages	%
Price earnings ratio		enter a price earnings ratio in times	times		enter a price earnings ratio in times	times		enter percentages	%