Use the following FS information as of the end of 2015 and 2014 to answer the requirements 2015 2014 Inventory $ 54,000 $ 48,000 Current assets 81,000 106,000 Total assets 382,000 326,000 Current liabilities 27,000 36,000 Total liabilities 102,000 88,000 Preferred stock 40,000 40,000 Common stockholders' equity 240,000 198,000 Net sales 784,000 697,000 Cost of goods sold 306,000 277,000 Net income 134,000 90,000 Income tax expense 22,000 18,000 Interest expense 12,000 12,000 Dividends paid to preferred stockholders 4,000 4,000 Dividends paid to common stockholders 15,000 10,000 Requirements: Compute days in inventory for 2015 (assume 365 days but answer in whole number) Compute for current ratio for 2015 (express answer in ratio form with 1 decimal, e.g., 1.0:4.8) Profit margin for 2015 (sample format: 10.0%) Return on Common Equity for 2015 (sample format: 10.0%) Compute for TIE for 2015 (sample format: 10.0) Compute days in inventory for 2014 when 2013 ending inventory is Compute for TIE for 2015 (sample format: 10.0) Compute days in inventory for 2014 when 2013 ending inventory is $32,000 (assume 365 days but answer in whole number) Compute for current ratio for 2014 (express answer in ratio form with 1 decimal, e.g., 1.0:4.8) Profit margin for 2014 (sample format: 10.0%) Return on Common Equity for 2014 (sample format: 10.0%) assuming no change in equity from 2013 to 2014 Compute for TIE for 2014 (same format as 5) Which year has better DIO? Which year has better current ratio? Which year has better PM? Which year has better ROCE? Which year has better TIE? Assuming that its competitor has DIO of 50 days in 2015? Which company is more productive, subject company or competitor? (answer subject company or competitor)