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The red squares are the ones I am having problems with. The condensed financial statements of Cullumber Company for the years 2016 and 2017 are

The red squares are the ones I am having problems with.

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The condensed financial statements of Cullumber Company for the years 2016 and 2017 are presented below. CULLUMBER COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 650 580 Inventory 620 550 Prepaid expenses 130 160 Total current assets 1,730 1,650 Property, plant, and equipment (net) 410 380 Investments 190 190 Intangibles and other assets 530 510 Total assets $2,860 $2,730 Current liabilities $1,000 $970 Long-term liabilities 640 540 Stockholders' equity-common 1,220 1,220 Total liabilities and stockholders' equity $2,860 $2,730CULLUMBER COMPANY Income Statements For the Year Ended December 31 (in thousands) 2017 2016 Sales revenue $3,960 $3,620 Costs and expenses Cost of goods sold 1,150 1,070 Selling & administrative expenses 2,400 2,330 Interest expense 10 20 Total costs and expenses 3,560 3,420 Income before income taxes 400 200 Income tax expense 160 80 Net income $ 240 $ 120 Compute the following ratios for 2017 and 2016. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2015, was $380.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2015, were $2,700.) (e) Return on common stockholders' equity. (Equity on December 31, 2015, was $930.) (f) Debt to assets ratio. [g) Times interest earned.2017 2016 Current ratio. 1.73 : 1 1.70 :1 Inventory turnover. 1.97 2.30 Profit margin. 6.1 3.3 Return on assets. 8.6 4.4 Return on common stockholders' equity. 19.9 7.7 Debt to assets ratio. 28.3 29.0 Times interest earned. times times

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