1. Brill Corporation has provided the following financial data:

	Year 2	Year 1
Total assets	$	1,360,000		$	1,320,000
Total liabilities	$	601,000		$	570,000
Common stock, $2 par value	$	140,000		$	140,000
Total common stockholders' equity	$	759,000		$	750,000

Income Statement
For the Year Ended December 31, Year 2
Sales (all on account)	$	1,300,000
Cost of goods sold		900,000
Gross margin		400,000
Operating expenses		364,143
Net operating income		35,857
Interest expense		20,000
Net income before taxes		15,857
Income taxes (30%)		4,757
Net income	$	11,100

Dividends on common stock during Year 2 totaled $2,100. The market price of common stock at the end of Year 2 was $2.32 per share.

Required:

f. What is the company's return on total assets for Year 2? g. What is the company's return on equity for Year 2? h. What is the company's earnings per share for Year 2? i. What is the company's price-earnings ratio for Year 2? j. What is the company's dividend payout ratio for Year 2? k. What is the company's dividend yield ratio for Year 2? l. What is the company's book value per share at the end of Year 2?

2. Neiger Corporation has provided the following financial data:

Balance Sheet
Assets	Year 2	Year 1
Current assets:
Cash	$	216,000		$	160,000
Accounts receivable, net		131,000			120,000
Inventory		104,000			120,000
Prepaid expenses		12,000			10,000
Total current assets		463,000			410,000
Plant and equipment, net		858,000			870,000
Total assets	$	1,321,000		$	1,280,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	109,000		$	100,000
Accrued liabilities		59,000			60,000
Notes payable, short term		58,000			60,000
Total current liabilities		226,000			220,000
Bonds payable		120,000			120,000
Total liabilities		346,000			340,000
Stockholders' equity:
Common stock, $2 par value		100,000			100,000
Additional paid-in capital		60,000			60,000
Retained earnings		815,000			780,000
Total stockholders' equity		975,000			940,000
Total liabilities & stockholders' equity	$	1,321,000		$	1,280,000

Income Statement
Sales (all on account)	$	1,320,000
Cost of goods sold		750,000
Gross margin		570,000
Operating expenses		507,571
Net operating income		62,429
Interest expense		11,000
Net income before taxes		51,429
Income taxes (30%)		15,429
Net income	$	36,000

Required:

a. What is the company's working capital at the end of Year 2? b. What is the company's current ratio at the end of Year 2? c. What is the company's acid-test (quick) ratio at the end of Year 2? d. What is the company's times interest earned ratio for Year 2? e. What is the company's debt-to-equity ratio at the end of Year 2? f. What is the company's equity multiplier at the end of Year 2?