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uestion 3 of 3 Compute liquidity and profitability ratios, and indicate the percentage change in liquidity and profitability ratios of Cullumber Company from 2 0

uestion 3 of 3 Compute liquidity and profitability ratios, and indicate the percentage change in liquidity and profitability ratios of Cullumber
Company from 2024 to 2025.(Note: Not all profitability ratios can be computed, nor can cash-basis ratios be computed.)(Round
Curent ratio, Asset turnover and Earnings per share to 2 decimal places, e.g.15.50. Round % change to 0 decimal places, for e.g.1%. Round
all other answers to 1 decimal place, e.g.15.5. If % change is a decrease show the numbers as negative, e.g.-1% or (1%).) stion 3 of 3
Additional information:
Inventory at the beginning of 2024 was $116,000.
Accounts receivable (net) at the beginning of 2024 were $90,000.
Total assets at the beginning of 2024 were $642,000.
No common stock transactions occurred during 2024 or 2025.
All sales were on credit.
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