Compute the following ratios or relationships of Nash Inc. Assume that the ending account balances are representative unless the information provided indicates differently. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%.) (1) 1 Current ratio 3.65 times (2) Inventory turnover times (3) Accounts receivable turnover times (4) Earnings per share ( (5) Profit margin on sales % (6) Return on assets on December 31, 2020 Toytheoland Media NASH INC. BALANCE SHEET DECEMBER 31, 2020 $45,000 Notes payable (short-term) Accounts payable Cash $50,000 Receivables $109,300 32,300 Less: Allowance 14,900 94,400 Accrued liabilities 5,000 Inventory 169,500 257,500 Common stock (par $5) Retained earnings Prepaid insurance 8,100 142,400 Land 19,900 Equipment (net) 150,300 $487,200 $487,200 NASH INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $1,401,600 Cost of goods sold Inventory, Jan. 1, 2020 $198,600 Purchases 791,400 Cost of goods available for sale 990,000 Inventory, Dec. 31, 2020 (169,500) Cost of goods sold 820,500 Gross profit on sales 581,100 Operating expenses 171,400 Net income $409,700