The following financial information is for Priscoll Company.

Priscoll Company Balance Sheets December 31
Assets		2020			2019
Cash		$ 70,000			$ 65,000
Debt investments (short-term)		55,000			40,000
Accounts receivable		104,000			90,000
Inventory		230,000			165,000
Prepaid expenses		25,000			23,000
Land		130,000			130,000
Building and equipment (net)		260,000			185,000
Total assets		$874,000			$698,000
Liabilities and Stockholders Equity
Notes payable (short-term)		$170,000			$120,000
Accounts payable		65,000			52,000
Accrued liabilities		40,000			40,000
Bonds payable, due 2023		250,000			170,000
Common stock, $10 par		200,000			200,000
Retained earnings		149,000			116,000
Total liabilities and stockholders equity		$874,000			$698,000

Priscoll Company Income Statement For the Years Ended December 31
		2020				2019
Sales revenue			$882,000				$790,000
Cost of goods sold			640,000				575,000
Gross profit			242,000				215,000
Operating expenses			190,000				167,000
Net income			$ 52,000				$ 48,000

Additional information:

1.		Inventory at the beginning of 2019 was $115,000.
2.		Accounts receivable (net) at the beginning of 2019 were $86,000.
3.		Total assets at the beginning of 2019 were $660,000.
4.		No common stock transactions occurred during 2019 or 2020.
5.		All sales were on account.

(a)

Indicate, by using ratios, the change in liquidity and profitability of Priscoll Company from 2019 to 2020. (Round Current ratio, Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.)

		2019			2020
LIQUIDITY
Current ratio			:1			:1
Accounts receivable turnover			times			times
Inventory turnover			times			times
PROFITABILITY
Profit margin			%			%
Asset turnover			times			times
Return on assets			%			%
Earnings per share		$			$