Problem $9-23$A $($Algo$)$ Ratio analysis LO $9-2,9-3,9-4,9-5$

The following financial statements apply to Franklin Company:

FRANKLIN COMPANYIncome Statements for the Years Ending December $31$Year $2$Year $1$Revenues$ $220,300$$ $182,300$Expenses$$Cost of goods sold$124,000101,400$Selling expenses$20,00018,000$General and administrative expenses$10,5009,500$Interest expense$1,6001,600$Income tax expense$19,40017,200$Total expenses$175,500147,700$Net income$ $44,800$$ $34,600$

FRANKLIN COMPANYBalance Sheets As of December $31$Year $2$Year $1$Assets$$Current assets$$Cash$ $5,300$$ $6,700$Marketable securities$1,4001,400$Accounts receivable$36,60031,100$Inventories$101,10094,100$Prepaid expenses$3,1002,100$Total current assets$147,500135,400$Plant and equipment $($net$)105,900105,900$Intangibles$20,4000$Total assets$ $273,800$$ $241,300$Liabilities and Stockholders$$ Equity$$Liabilities$$Current liabilities$$Accounts payable$ $39,500$$ $34,900$Other$16,10016,500$Total current liabilities$55,60051,400$Bonds payable$64,40065,400$Total liabilities$120,000116,800$Stockholders$$ equity$$Common stock $(50,000$ shares$)113,200113,200$Retained earnings$40,60011,300$Total stockholders$$ equity$153,800124,500$Total liabilities and stockholders$$ equity$ $273,800$$ $241,300$

Required

Calculate the following ratios for Year $1$ and Year $2.$ Since opening balance numbers are not presented do not use averages when calculating the ratios for Year $1.$ Instead, use the number presented on the Year $1$ balance sheet.

Note: Round ratio answers to $2$ decimal places unless otherwise indicated.

Net margin.

Return on investment.

Return on equity.

Earnings per share.

Price$-$earnings ratio $($market prices at the end of Year $1$ and Year $2$ were $$6\mathrm{.}11$ and $$4\mathrm{.}85,$ respectively$).$

Note: Round your intermediate calculations and final answers to $2$ decimal places.

Book value per share of common stock.

Times interest earned.

Working capital.

Current ratio.

Quick $($acid$-$test$)$ ratio.

Accounts receivable turnover.

Inventory turnover.

Debt$-$to$-$equity ratio.

Debt$-$to$-$assets ratio.

Note: Round your answers to the nearest whole percent.