Compute the following listed ratios for 2022. (Round answers to 2 decimal places, e.g. 1.83.) 1....

   

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Compute the following listed ratios for 2022. (Round answers to 2 decimal places, e.g. 1.83.) 1. Current ratio 41004 :1 4. Inventory turnover 5. 6. 7. Profit margin Return on common stockholders' equity Return on assets times % % % Blossom Electronics Income Statement For the Year Ended December 31, 2022 $663,000 Revenues Expenses Cost of goods sold Selling and admin expenses Interest expense Total expenses Income before income taxes Income tax expense Net income 367,200 153,000 30,600 550,800 112,200 33,660 $78,540 Additional data as of December 31, 2021: Inventory = $47,940; Total assets = $397,800; Common stockholders' equity = $112,200. The condensed financial statements of Blossom Electronics for 2022 are presented below. Blossom Electronics Balance Sheet December 31, 2022 Assets Current assets Cash and short-term investments Accounts receivable Inventories Total current assets Property, plant, and equipment (net) Total assets Liabilities and Stokholders' Equity Current liabilities Long-term liabilities Common stockholders' equity Total liabilities and stockholders' equity $25,500 32,640 44,064 102,204 326,196 $428,400 $61,200 225,114 142,086 $428,400 Compute the following listed ratios for 2022. (Round answers to 2 decimal places, e.g. 1.83.) 1. Current ratio 41004 :1 4. Inventory turnover 5. 6. 7. Profit margin Return on common stockholders' equity Return on assets times % % % Blossom Electronics Income Statement For the Year Ended December 31, 2022 $663,000 Revenues Expenses Cost of goods sold Selling and admin expenses Interest expense Total expenses Income before income taxes Income tax expense Net income 367,200 153,000 30,600 550,800 112,200 33,660 $78,540 Additional data as of December 31, 2021: Inventory = $47,940; Total assets = $397,800; Common stockholders' equity = $112,200. The condensed financial statements of Blossom Electronics for 2022 are presented below. Blossom Electronics Balance Sheet December 31, 2022 Assets Current assets Cash and short-term investments Accounts receivable Inventories Total current assets Property, plant, and equipment (net) Total assets Liabilities and Stokholders' Equity Current liabilities Long-term liabilities Common stockholders' equity Total liabilities and stockholders' equity $25,500 32,640 44,064 102,204 326,196 $428,400 $61,200 225,114 142,086 $428,400

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