Question: Need help with b on year 4, c on year 4, e on both year 3 and 4, g on both year 3 and 4.

Need help with b on year 4, c on year 4, e on both year 3 and 4, g on both year 3 and 4. I keep getting them incorrect.  Need help with b on year 4, c on year 4,
e on both year 3 and 4, g on both year 3
and 4. I keep getting them incorrect. The following financial statements apply
to Solomon Company: Year 4 Year 3 $210,700 8,300 219,000 $176,300 5.100

The following financial statements apply to Solomon Company: Year 4 Year 3 $210,700 8,300 219,000 $176,300 5.100 181,400 Revenues Net sales Other revenues Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses 125,300 19,800 10.400 1,300 19,800 176,600 102,800 17,800 9,400 1,300 17,500 148,800 $ 32,600 $ 42, 400 Net income Assets Current assets. Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities $ 5,600 2,700 36,900 101,100 4,300 150,600 105.600 21,400 $277,600 $ 6,200 2,700 31,200 95,700 3,300 139,100 105,600 0 $244,700 Liabilities and stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Ronds payable Total liabilities Stockholders' equity Conmon stock (43,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 38,800 15,000 53,800 64,900 118,700 $ 54,700 16,600 71.300 65,900 137,200 114,100 114,100 158,900 $277.600 107,500 $244,700 Required Calculate the following ratios for Year 3 and Year 4. Since Year 2 numbers are not presented do not use averages when calculating the ratios for Year 3. Instead, use the number presented on the Year 3 balance sheet. a. Net margin (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal places.) d. Earnings per share. (Round your answers to 2 decimal places.) e. Price-earnings ratio (market prices at the end of Year 3 and Year 4 were $6.05 and $4.80, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. Exclude extraordinary income in the calculation as they cannot be expected to recur and, therefore, will not hawaiata este internet monte De n d ermalne a. Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal places.) d. Earnings per share. (Round your answers to 2 decimal places.) e. Price-earnings ratio (market prices at the end of Year 3 and Year 4 were $6.05 and $4.80, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) 9. Times interest earned. Exclude extraordinary income in the calculation as they cannot be expected to recurand, therefore, will not be available to satisfy future interest payments. (Round your answers to 2 decimal places.) h. Working capital. i. Current ratio. (Round your answers to 2 decimal places.) J. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover (Round your answers to 2 decimal places.) 1. Inventory turnover. (Round your answers to 2 decimal places.) m. Debt-to-equity ratio. (Round your answers to 2 decimal places.) n. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) Answer is complete but not entirely correct. Year 3 Year 4 20.12 15,27 26 58 % % Net margin Return on investment Return on equity Earnings per share 18.49 13.32 30.32 0.76 0.99 n. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) Answer is complete but not entirely correct. Year 4 20.12 % Year 3 18.49 13.32 30.32 0.76 6.32 2.50 21.15 times Net margin Return on investment Return on equity Earnings per share Price-eamings ratio Book value Interest eamed Working capital Current ratio Quick (acid-test) ratio Accounts receivable turnover Inventory turnover Debt-to-equity ratio Debt-to-assets ratio 15.27 26.68 0.99 6.11 times 3.70 26.23 3 times 96,800 2.80 0.84 6.19 times 1.27 times 0.75 43 67,800 1.95 0.56 5.65 1.07 1.28 56 times times IX

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