Question: Use the information in the table below to answer the following questions. Windswept Woodworks, Incorporated Input Data (millions of dollars) Year 2 Year 1 Accounts

Use the information in the table below to answer the following questions.

Windswept Woodworks, Incorporated
Input Data
(millions of dollars)
Year 2 Year 1
Accounts payable 602 534
Accounts receivable 1,446 980
Accumulated depreciation 6,912 6,782
Cash & equivalents 390 278
Common stock 1,350 1,270
Cost of goods sold 1,570 n.a.
Depreciation expense ? n.a.
Common stock dividends paid ? n.a.
Interest expense 210 n.a.
Inventory 1,180 1,176
Addition to retained earnings 602 n.a.
Long-term debt 978 886
Notes payable 300 450
Gross plant & equipment 10,540 10,280
Retained earnings 3,228 2,626
Sales 3,088 n.a.
Other current liabilities 186 166
Tax rate 21% n.a.
Market price per share year end $ 25.80 $ 23.50
Number of shares outstanding 500 million 500 million

Net profit = 930.62

Required:

a. Calculate Windswept Woodworks return on equity for year 2. (Round your answer to 2 decimal places.)

ROE = ____________________

Calculate the following items for Windswept Woodworks for year 2. (Round your answers to 2 decimal places.)

profit margin :

tax burden ratio:

interest burden ratio

asset turnover ratio

leverage ratio:

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