answer please

Tanfield, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 \begin{tabular}{lrrr} & 2024 & 2023 \\ \cline { 2 - 4 } Net Sales Revenue & $464,000 & $423,000 \\ \hline Cost of Goods Sold & 239,000 & 215,000 \\ \hline Gross Profit & 225,000 & 208,000 \\ \hline Operating Expenses & 133,000 & 131,000 \\ \hline Income From Operations & 92,000 & 77,000 \\ \hline Interest Expense & 13,000 & 15,000 \\ \hline Income Before Income Tax & 79,000 & 62,000 \\ \hline Income Tax Expense & 24,000 & 26,000 \\ \hline Net Income & $55,000 & $36,000 \\ \hline \end{tabular} Tanfield, Inc. Comparative Balance Sheet December 31,2024 and 2023 \begin{tabular}{r|r|} 2024 & 2023 \\ \hline \end{tabular} Assets Current Assets: \begin{tabular}{lrr|r|} Cash & $ & 98,000 & 96,000 \\ Accounts Recelvables, Net & 113,000 & 114,000$102,000 \\ Merchandise Inventory & 145,000 & 159,000 & 210,000 \\ Prepaid Expenses & 14,000 & 7,000 \\ \hline Total Current Assets & 370,000 & 376,000 \\ Property, Plant, and Equipment, Net & 212,000 & 182,000 \\ Total Assets & $82,000 & 558,000 \\ \hline \end{tabular} Llabilitios Total Current Liabilities Long-term Llabilities Total Llabilities Stockholders' Equity \begin{tabular}{l|ll} Preferred Stock, 3% & 102,000 & 102,000 \end{tabular} Common Stockholders' Equity, no par 137,000114,00086,000 Total Liabilities and Stockholders' Equity $582,000$558,000 - Selected 2022 amounts 1. Compute the following ratios for 2024 and 2023 : a. Current ratio b. Cash ratio c. Times-interest-earned ratio d. Inventory turnover e. Gross profit percentage f. Debt to equity ratio g. Rate of return on common stockiolders' equity h. Earnings per share of common stock i. Pricelearnings ratio 2. Decide (a) whether Tanfield's ability to pay debts and to sell inventory improved or deteriorated during 2024 and (b) whether the investment attractiveness of its common stock appears to have increased or decreased. Requirement 1a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio. Current ratio = Now, compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1b. Compute the cash ratios for 2024 and 2023. Begin by selecting the formula to compute the cash ratio. Cash ratio = Now, compute the cash ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) Requirement 1c. Compute the times-interest-earned ratios for 2024 and 2023