The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) 2019 MURAWSKI COMPANY Balance Sheets December 31 2020 Current assets Cash and cash equivalents $ 380 Accounts receivable (net) 378 Inventory 368 Prepaid expenses 174 Total current assets 1,300 Investments 11 Property, plant, and equipment 350 Intangibles and other assets 494 Total assets $2,155 Current liabilities $ 808 Long-term liabilities 352 Stockholders' equity-common 995 Total liabilities and stockholders' equity $2,155 $ 359 468 466 144 1,437 14 406 544 $2,401 $ 902 402 1,097 $2,401 2019 $3,810 MURAWSKI COMPANY Income Statements For the Years Ended December 31 2020 Sales revenue $3,940 Costs and expenses Cost of goods sold 906 Selling & administrative expenses 2.340 Interest expense 22 Total costs and expenses 3,268 Income before income taxes 672 Income tax expense 148 Net income $ 524 954 2,394 20 3,368 442 82 $360 Compute the following ratios for 2020 and 2019. (Round current ratio and invertory turnover ratio to 2 decimal places, e.g. 1.62 or 1.62% and all other answers to 1 decimal place, e.g. 1.6 or 1.6%) (a) (b) (c) (d) (e) (f) (8) Current ratio. Inventory turnover. (Inventory on 12/31/18 was $350.) Proht margin ratio. Return on assets. (Assets on 12/31/18 were $1,894.) Return on common stockholders' equity. (Stockholders' equity on 12/31/18 was $880.) Debt to assets ratio. Times interest earned 2020 2019 (a) Current ratio 6,03 1 :1 (b) Inventory turnover times times