The following financial information is for Sandhill Company. Assets Cash Debt investments (short-term) Accounts receivable (net) Inventory Prepaid expenses Land Building and equipment (net) Total assets Liabilities and Stockholders' Equity Notes payable (current) Accounts payable Accrued liabilities SANDHILL COMPANY Balance Sheets December 31 Bonds payable, due 2030 Common stock, $10 par Retained earnings Total liabilities and stockholders' equity Net sales SANDHILL COMPANY Income Statements For the Years Ended December 31 Cost of goods sold Gross profit Operating expenses Net income 2027 $891,000 646,400 244,600 Q 194,704 $49,896 2027 $69,250 50,000 106,000 238,000 25,000 132,000 68,000 42,000 252,000 209,000 144,700 264,000 $884,250 $706,060 $884,250 2026 $168,550 $105,000 $783,000 578,100 204,900 2026 157,920 $ 66,060 $ 46,980 42,000 92,000 166,000 24,000 132,000 184,000 51,000 42,000 169,000 209,000 130,060 $706,060

The following financial information is for Sandhill Company. Additional information: 1. Inventory at the beginning of 2026 was $116.000. 2. Accounts receivable (net) at the beginaing of 2026 were 588.000 . 3. Total assets at the beginning of 2026 were $642.000. 4. No common stock tranaction oceurred during 2026 or 2027. 5. All sales were oncredit. (a1) Your answer is partially correct. Compute liquidity and profitability ratios, and indicate the percentage change in liquisity and profitablity catios of Sandhilf Compary from 2026 to 2027. Mlound current natia, asset hamover and farning per ihore to 2 decimal ploces, es 1.83 , nound $ Charse numbers as nosative, es-18k or (taso)