The condensed financial statements of Ness Company for the years 2021 and 2022 are presented below. 

Compute the following ratios for 2022 and 2021. 

a. Current ratio. 

b. Inventory turnover. (Inventory on December 31, 2020, was $340.) c. Profit margin. 

d. Return on assets. 

e. Return on common stockholders’ equity. 

f. Debt to assets ratio. 

g. Times interest earned.

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Ness Company Balance Sheets December 31 (in thousands) 2021 2022 Current assets $ 330 Cash and cash equivalents Accounts receivable (net) $ 360 470 400 Inventory Prepaid expenses 460 390 130 160 Total current assets 1,390 1,310 2022 2021 $ 410 Property, plant, and equipment (net) Investments Intangibles and other assets $ 380 10 10 530 510 Total assets $2,340 $2,210 $ 820 Current liabilities $ 79C Long-term liabilities Stockholders' equity-common 480 380 1,040 1,040 Total liabilities and stockholders' equity $2,340 $2,210 Ness Company Income Statements For the Year Ended December 31 (in thousands) 2022 2021 Sales revenue $3,460 $3,800 Costs and expenses Cost of goods sold Selling & administrative expenses Interest expense 970 890 2,400 2,330 10 20 Total costs and expenses 3,380 3,240 Income before income taxes 220 420 Income tax expense 168 88 Net income $ 252 $ 132