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The condenesd financial statements of Sheridan Company for the years 2026 and 2027 are as...

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Accounting

The condenesd financial statements of Sheridan Company for the years $2026$ and $2027$ are as follows.

Computs the following ratios for $2027$ and $2026 . ($ Round current ratio and inventory turnover to $2$ decimal places, es $1.83$ and all other

answers to $1$ decimal place, e $.$ g $. 1.8$ or $12.6 % .$ J

$($ a $)$ Current ratio.

$($ b $)$ Inventory turnover. $($ Inventory on December $31, 2025,$ was $ $390 .)$

$($ c $)$ Profitmarsin.

$($ d $)$ Raturn on assets. $($ Assats on December $31, 2025,$ were $ $2, 430 .)$

$($ a $)$ Raturn on common stockholders' equity. $($ Stockhalders $'$ aquity $-$ common on Dacamber $31, 2025,$ was $ $930 .]$

$($ f $)$ Dabt to assats ratio.

$($ a $)$ Times intersst earned.

$($ a $)$ Current ratio.

$($ b $)$ Imventory turnover

$($ c $)$ Profitmarsin

$($ d $)$ Raturn on assets

$[$ a $]$ Raturn on comman stockholders' equity.

$($ f $)$ Dabt to assats ratio

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