The following financial information is for Ivanhoe Company.

IVANHOE COMPANY Balance Sheets December 31
Assets		2022		2021
Cash		$ 72,060		$ 66,860
Debt investments (short-term)		52,000		40,000
Accounts receivable		110,000		91,000
Inventory		233,000		165,000
Prepaid expenses		25,000		27,000
Land		130,000		130,000
Building and equipment (net)		259,000		184,000
Total assets		$881,060		$703,860
Liabilities and Stockholders Equity
Notes payable		$172,636		$110,000
Accounts payable		68,000		53,000
Accrued liabilities		39,000		39,000
Bonds payable, due 2025		249,000		169,000
Common stock, $10 par		207,000		207,000
Retained earnings		145,424		125,860
Total liabilities and stockholders equity		$881,060		$703,860

IVANHOE COMPANY Income Statements For the Years Ended December 31
		2022		2021
Sales revenue		$894,450		$796,550
Cost of goods sold		636,800		574,000
Gross profit		257,650		222,550
Operating expenses		186,094		158,826
Net income		$ 71,556		$ 63,724

Additional information:

1.		Inventory at the beginning of 2021 was $115,000.
2.		Accounts receivable (net) at the beginning of 2021 were $88,000.
3.		Total assets at the beginning of 2021 were $630,000.
4.		No common stock transactions occurred during 2021 or 2022.
5.		All sales were on account.

(a1)

Compute the liquidity and profitability ratios of Ivanhoe Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 1.8%. If % change is a decrease show the numbers as negative, e.g. -1.83% or (1.83%).)

		2022			2021			% Change
LIQUIDITY
Current ratio		enter Current ratio rounded to 2 decimal places	:1		enter Current ratio rounded to 2 decimal places	:1		enter Current ratio in percentages rounded to 1 decimal place	%
Accounts receivables turnover		enter a number of Accounts receivables turnover in times rounded to 1 decimal place	times		enter a number of Accounts receivables turnover in times rounded to 1 decimal place	times		enter Accounts receivables turnover in percentages rounded to 1 decimal place	%
Inventory turnover		enter a number of Inventory turnover in times rounded to 1 decimal place	times		enter a number of Inventory turnover in times rounded to 1 decimal place	times		enter Inventory turnover in percentages rounded to 1 decimal place	%

		2022			2021			% Change
PROFITABILITY
Profit margin		enter Profit margin in percentages rounded to 1 decimal place	%		enter Profit margin in percentages rounded to 1 decimal place	%		enter Profit margin in percentages rounded to 1 decimal place	%
Asset turnover		enter a number of Asset turnover in times rounded to 2 decimal places	times		enter a number of Asset turnover in times rounded to 2 decimal places	times		enter Asset turnover in percentages rounded to 1 decimal place	%
Return on assets		enter Return on assets in percentages rounded to 1 decimal place	%		enter Return on assets in percentages rounded to 1 decimal place	%		enter Return on assets in percentages rounded to 1 decimal place	%
Earnings per share		$enter Earnings per share in dollars rounded to 2 decimal places			$enter Earnings per share in dollars rounded to 2 decimal places			enter Earnings per share in percentages rounded to 1 decimal place