The following financial information is for Priscoll Company.

The following financial information is for Priscoll Company. 2019 $ 71,500 44,000 99,000 181,500 25,300 Priscoll Company Balance Sheets December 31 Assets 2020 Cash $ 77,000 Debt investments (short-term) 60,500 Accounts receivable 114,400 Inventory 253,000 Prepaid expenses 27,500 Land 143,000 Building and equipment (net) 286,000 Total assets $961,400 Liabilities and Stockholders' Equity Notes payable (short-term) $187,000 Accounts payable 71,500 Accrued liabilities 44,000 Bonds payable, due 2023 275,000 Common stock, $10 par 220,000 Retained earnings 163,900 Total liabilities and stockholders' equity $961,400 143,000 203,500 $767,800 $132,000 57,200 44,000 187,000 220,000 127,600 $767,800 Priscoll Company Income Statement For the Years Ended December 31 2020 2019 Sales revenue $970,200 $869,000 Cost of goods sold 704,000 632,500 Gross profit 266,200 236,500 Operating expenses 209,000 183,700 Net income $ 57,200 $ 52,800 Additional information: 1. 2. 3. Inventory at the beginning of 2019 was $126,500. Accounts receivable (net) at the beginning of 2019 were $94,600. Total assets at the beginning of 2019 were $726,000. No common stock transactions occurred during 2019 or 2020. All sales were on account. 4. 5. 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, eg. 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 $ $