Year 2 Revenues $219,200 Year 1 $182,300 Expenses Cost of goods sold 124,900 101,800 Selling expenses...

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Year 2 Revenues $219,200 Year 1 $182,300 Expenses Cost of goods sold 124,900 101,800 Selling expenses 20,600 18,600 General and administrative expenses 10,900 9,900 Interest expense 1,400 1,400 Income tax expense 20,800 16,900 Total expenses 178,600 148,600 Net income $ 40,600 $ 33,700 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 Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity $ 4,000 $ 6,000 2,100 36,500 100,700 2,100 31,300 95,800 4,900 3,900 148,200 105,500 21,300 $275,000 $ 244,600 139,100 105,500 $ 39,500 $ 34,700 15,700 16,000 55,200 50,700 65,100 66,100 120,300 116,800 Common stock (49,000 shares) 113,100 113,100 Retained earnings 41,600 14,700 Total stockholders' equity 154,700 127,800 Total liabilities and stockholders' equity $275,000 $244,600 Required Calculate the following ratios for Year 1 and Year 2. Since opening belance numbers are not presented do not use everages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 balance sheet. .Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) E. 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 1 and Year 2 were $6.06 and $4.94, respectively). (Round your Intermediate calculations and final answers to 2 decimal places.) Dock value per share of common stock (Round your answers to 2 decimal places.) Times Interest earned. (Round your answers to 2 decimal places.) h. Working capital. Current ratio. (Round your answers to 2 decimal places.) Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) Inventory turnover. (Round your answers to 2 decimal places.) m. Debt to equity ratio. (Round your answers to 2 decimal places.) Debt to assets ratio. (Round your answers to the nearest whole percent.) Answer is complete but not entirely correct. 3 Not margin Year 2 18.52% Your 1 b. Rum on investment 14.78% 18.40% 13.78% Ratum nequity 20.24 % 20.37% d. Eamings per share $ 030 5 0.30 Prieigo 160 mes 16.58 Dock value per share of common stock $ 13 15 1.1 9. Times interesteamed 100.22 mes 31.33 mes n. Working capital $ 73.000 15 62.400 Cuenta 1970 Quick (acid-estratio 0.600 x Accounts receivable tumor L Inventory move 17.40 1.77me 1.883 0.53 23.48mas 1.55 m Duo-quity rat n Debts 0.780 0.51 441 % 481 Year 2 Revenues $219,200 Year 1 $182,300 Expenses Cost of goods sold 124,900 101,800 Selling expenses 20,600 18,600 General and administrative expenses 10,900 9,900 Interest expense 1,400 1,400 Income tax expense 20,800 16,900 Total expenses 178,600 148,600 Net income $ 40,600 $ 33,700 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 Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity $ 4,000 $ 6,000 2,100 36,500 100,700 2,100 31,300 95,800 4,900 3,900 148,200 105,500 21,300 $275,000 $ 244,600 139,100 105,500 $ 39,500 $ 34,700 15,700 16,000 55,200 50,700 65,100 66,100 120,300 116,800 Common stock (49,000 shares) 113,100 113,100 Retained earnings 41,600 14,700 Total stockholders' equity 154,700 127,800 Total liabilities and stockholders' equity $275,000 $244,600 Required Calculate the following ratios for Year 1 and Year 2. Since opening belance numbers are not presented do not use everages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 balance sheet. .Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) E. 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 1 and Year 2 were $6.06 and $4.94, respectively). (Round your Intermediate calculations and final answers to 2 decimal places.) Dock value per share of common stock (Round your answers to 2 decimal places.) Times Interest earned. (Round your answers to 2 decimal places.) h. Working capital. Current ratio. (Round your answers to 2 decimal places.) Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) Inventory turnover. (Round your answers to 2 decimal places.) m. Debt to equity ratio. (Round your answers to 2 decimal places.) Debt to assets ratio. (Round your answers to the nearest whole percent.) Answer is complete but not entirely correct. 3 Not margin Year 2 18.52% Your 1 b. Rum on investment 14.78% 18.40% 13.78% Ratum nequity 20.24 % 20.37% d. Eamings per share $ 030 5 0.30 Prieigo 160 mes 16.58 Dock value per share of common stock $ 13 15 1.1 9. Times interesteamed 100.22 mes 31.33 mes n. Working capital $ 73.000 15 62.400 Cuenta 1970 Quick (acid-estratio 0.600 x Accounts receivable tumor L Inventory move 17.40 1.77me 1.883 0.53 23.48mas 1.55 m Duo-quity rat n Debts 0.780 0.51 441 % 481

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To calculate the requested financial ratios for Year 1 and Year 2 we can use the given financial information Lets start by calculating the ratios a Ne... View the full answer