check if the second answer correct

The following financial information is for Priscoll Company. Priscoll Company Balance Sheets December 31 Assets 2020 Cash $ 115,500 Debt investments (short-term) 90,750 Accounts receivable 171,600 Inventory 379,500 Prepaid expenses 41,250 Land 214,500 Building and equipment (net) 429,000 Total assets $1,442,100 Liabilities and Stockholders' Equity Notes payable (short-term) $280,500 Accounts payable 107,250 Accrued liabilities 66,000 Bonds payable, due 2023 412,500 Common stock, $10 par 330,000 Retained earnings 245,850 Total liabilities and stockholders' equity $1,442,100 2019 $ 107,250 66,000 148,500 272,250 37,950 214,500 305,250 $1,151,700 $198,000 85,800 66,000 280,500 330,000 191,400 $1,151,700 Priscoll Company Income Statement For the Years Ended December 31 Priscoll Company Income Statement For the Years Ended December 31 2020 2019 Sales revenue $1,455,300 $1,303,500 Cost of goods sold 1,056,000 948,750 Gross profit 399,300 354,750 Operating expenses 313,500 275,550 Net income $ 85,800 $ 79,200 Additional information: Inventory at the beginning of 2019 was $189,750. Accounts receivable (net) at the beginning of 2019 were $141,900. Total assets at the beginning of 2019 were $1,089,000. No common stock transactions occurred during 2019 or 2020. All sales were on account. Your answer is partially correct. Indicate, by using ratios, the change in liquidity and profitability of Priscoll Company from 2019 to 2020. (Round Current ratio, Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) 2020 2019 LIQUIDITY 181 :1 176 :1 Current ratio 9.0 times 9.1 times Accounts receivable turnover 41 times 3.2 times Inventory turnover PROFITABILITY 6.10 %6 5.90 % Profit margin 1.16 times 112 times Asset turnover 6.90 96 6 % Return on assets 2.58 $ 2.40 Earnings per share Your answer is partially correct. Indicate, by using ratios, the change in liquidity and profitability of Priscoll Company from 2019 to 2020. (Round Current ratio, Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) 2019 2020 LIQUIDITY Current ratio 1.67 :1 1.81 :1 Accounts receivable turnover 9.1 times 9.0 times 3.2 times 4.1 times Inventory turnover PROFITABILITY Proht margin Asset turnover 5.90 * 6.08 % 1.12 times 1.16 times Return on assets 6 % 6.9 96 Earnings per share $ 26 2.4 eTextbook and Media