The condensed financial statements of Oriole Company for the years 2021 and 2022 are as...
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The condensed financial statements of Oriole Company for the years 2021 and 2022 are as follows. ORIOLE COMPANY Income Statements For the Year Ended December 31 (in thousands) Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal ploces, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (inventory on December 31, 2020, was \$380.) (c) Profit margin. (d) Return on assets. (Assets on December 31,2020 , were $2,290 ) (e) Return on commonstockholders' equity. (Equity on December 31, 2020, was $930 ). (f) Debt to assets ratio. (g) Times interest earned
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