The following financial information is for Priscoll Company.

Priscoll Company Balance Sheets December 31
Assets		2020			2019
Cash		$ 126,700			$ 117,650
Debt investments (short-term)		99,550			72,400
Accounts receivable		188,240			162,900
Inventory		416,300			298,650
Prepaid expenses		45,250			41,630
Land		235,300			235,300
Building and equipment (net)		470,600			334,850
Total assets		$1,581,940			$1,263,380
Liabilities and Stockholders Equity
Notes payable (short-term)		$307,700			$217,200
Accounts payable		117,650			94,120
Accrued liabilities		72,400			72,400
Bonds payable, due 2023		452,500			307,700
Common stock, $10 par		362,000			362,000
Retained earnings		269,690			209,960
Total liabilities and stockholders equity		$1,581,940			$1,263,380

Priscoll Company Income Statement For the Years Ended December 31
		2020				2019
Sales revenue			$1,596,420				$1,429,900
Cost of goods sold			1,158,400				1,040,750
Gross profit			438,020				389,150
Operating expenses			343,900				302,270
Net income			$ 94,120				$ 86,880

Additional information:

1.		Inventory at the beginning of 2019 was $208,150.
2.		Accounts receivable (net) at the beginning of 2019 were $155,660.
3.		Total assets at the beginning of 2019 were $1,194,600.
4.		No common stock transactions occurred during 2019 or 2020.
5.		All sales were on account.

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		$			$

The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2020, and (2) as of December 31, 2021, after giving effect to the situation. (Round debt to assets ratio to 0 decimal places, e.g. 15% and other answers to 1 decimal place, e.g. 6.8 or 6.8%.)

Situation				Ratio
(1)		32,580 shares of common stock were sold at par on July 1, 2021. Net income for 2021 was $97,740.		Return on common stockholders equity
(2)		All of the notes payable were paid in 2021. All other liabilities remained at their December 31, 2020, levels. At December 31, 2021, total assets were $1,629,000.		Debt to assets ratio
(3)		The market price of common stock was $16 and $22 on December 31, 2020 and 2021, respectively. Net income for 2021 was $97,740.		Price-earnings ratio

		2020			2021
Return on common stockholders equity			%			%
Debt to assets ratio			%			%
Price-earnings ratio			times			times