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2uestion 3 of 3 133 The condensed financial statements of Sheridan Company for the years 2021 and 2022 are presented below. Question 3 of 3 Compute the following ratios for 2022 and 2021. Inventory on December 31, 2020, was $340. Assets on December 31, 2020, were $1,920. Stockholders' Equity- Common on December 31.2020, was $900. (Round current ratlo and inventory tumourer to 2 declmal places, eg. 15.25. Round other answers to 1 decimal place, es. 15.2 or 15.2% ) places, eg. 15.25. Round other answers to 1 decimal place, eg. 15.2 or 15.2% )

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