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  3. sandhill co. income statements for the years ended

SANDHILL CO. Income Statements For the Years Ended December 31 Net sales $3,910$3,570 Expenses Cost...

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SANDHILL CO. Income Statements For the Years Ended December 31 Net sales $3,910$3,570 Expenses Cost of goods sold 1,1651,100 Selling \& administrative expenses 2,4002,330 Income tax expense Net income $224$84 Compute the following ratios for 2022 and 2021 . (Round current ratio and inventory turnover to 2 decimal places, e. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.) (a) Currentratio. (b) Inventory turnover. (Inventory on 12/31/20 was $440. ) (c) Profit margin. (d) Return on assets. (Assets on 12/31/20 were $2,670.) (e) Return on common stockholders' equity. (Stockholders' equity-common on 12/31/20 was $990.) (f) Debt to assets ratio. (g) Times interest earned. (a) Current ratio (b) Inventory turnover times times (c) Profitmargin (d) Return on assets (e) Return on common stockholders' equity (f) Debt to assets ratio % \% % % (g) Times interest earned times \% times

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