The following information is available from the annual reports of Pharoah Company and Sheridan Company. Sales Gross profit Net income Current assets Beginning total assets Ending total assets Current liabilities Total liabilities Average common shares outstanding Preferred stock dividends paid (amounts in millions) Pharoah Sheridan $26,930 $34,870 6,620 8,810 550 1,200 14,151 27,900 17,150 33,130 22,150 36,360 7,950 13,950 15,948 29,088 250 480 0 0 For each company, compute the following ratios: (Round current ratio to 2 decimal places, e.g. 1.55:1, debt to assets ratio to 0 decimal places, e.g. 125% and earnings per share to 2 decimal places, e.g. $2.25.) Pharoah Sheridan 1. Current ratio :1 :1 2. Debt to assets ratio % % 3. Earnings per share $ $