The condensed financial statements of Ivanhoe Company for the years 2016 and 2017 are presented as follows. (Amounts in thousands.) IVANHOE COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 550 Inventory 530 460 Prepaid expenses 160 120 1,530 Total current assets 1,460 Investments Property, plant, and equipment (net) Intangibles and other assets Total assets 420 380 530 510 $2,570 $2,440 $980 $870 480 450 1,110 1,120 Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $2,570 $2,440 IVANHOE COMPANY Income Statements For the Year Ended December 31 2017 2016 Sales revenue $3,870 $3,530 Costs and expenses Cost of goods sold 1,035 970 Selling & administrative expenses 2,400 2,330 Interest expense 25 2 Total costs and expenses Income before income taxes 20 3,460 3,320 410 210 12363 $ 287 $147 Income tax expense Net income 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 12/31/15, was $400.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/15, were $1,980.) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/15, was $970.) () Debt to assets ratio. (g) Times interest earned. 2017 2016 Current ratio. Inventory turnover. Profit margin. Return on assets. Return on common stockholders' equity. Debt to assets ratio. Times interest earned. times times