The condensed financial statements of Pharosh Company for the vears 2026 and 2027 are as...
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The condensed financial statements of Pharosh Company for the vears 2026 and 2027 are as follows. Compute the following ratios for 2027 and 2026. (Round current ratio and inventory turnover to 2 decimal places, eg 1.83 and oll other answers to 1 decimal place, es. 1.8 or 12.6% ) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2025, was $410.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2025, were \$2,540.) (e) Return on common stockholders' equity. (Stockholders' equity-common on December 31,2025 , was $950.) (f) Debt to assets ratio. (8) Times interest earned
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