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Your answer is incorrect. The condensed financial statements of Blossom Company for the years 2021 and 2022 are presented as follows. (Amounts in thousands.) Compute
Your answer is incorrect. The condensed financial statements of Blossom Company for the years 2021 and 2022 are presented as follows. (Amounts in thousands.) Compute the following ratios for 2022 and 2021. (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 12/31/20, was $350.) (c) Profit margin. (d) Return on assets. (Assets on 12/31/20, were $2,080.) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/20, was $960.) (f) Debt to assets ratio. (g) Times interest earned. Current ratio. Inventory turnover. \begin{tabular}{||c||} \hline \hline .48 \\ \hline \hline \end{tabular} \begin{tabular}{||c||} \hline \hline .57 \\ \hline \hline \end{tabular} Profit margin. Return on common stockholders' equity. \begin{tabular}{||r||} \hline \hline 14.7 \\ \hline \hline \end{tabular} \begin{tabular}{|l|} \hline 4.0 \\ \hline \end{tabular} Debt to assets ratio. \begin{tabular}{l||} \hline \hline 55.6 \\ \hline \hline 10.4 \\ \hline \end{tabular} % 53.2 \% Times interest earned. times \begin{tabular}{|r||} \hline \multicolumn{2}{|r|}{53.2} \\ \hline \hline \end{tabular} times eTextbook and Media Assistance Used eTextbook Save for Later Attempts: 2 of 3 used Submit
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