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13 Ex & Prob Saved 2 The following financial statements apply to Walton Company Net sales Other revenues 212,e0e $176,e0e 8,808 5 228,800 181,999 nts

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13 Ex & Prob Saved 2 The following financial statements apply to Walton Company Net sales Other revenues 212,e0e $176,e0e 8,808 5 228,800 181,999 nts Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Incone tax expense 124,58e 11,see 19,480 17,480 eBook 9,7908,7 1,180 1,100 Total expenses Net Income Assets Current assets 175,688 145,680 Print 45,200 36,300 Cash Marketable securities Accounts receivable Inventories Prepaid expenses References $ 5,580 $ 7,409 2,280 30,0 2,200 94,700 147,900 137,480 35,968 100,286 Total current assets Plant and equipment (net) Intangibles Total assets tiabi lities and Stockholders' tquity Liabilities 1e5,2001e5,2e 21,9e $275,00 $242,660 Current liabilitles ounts payable s 39,360 55,460 0,580 119,300136,000 113,180 113,100 155 e 700 ie6 , 600 15,58015 108 Total current 1iabilities Bonds payable Total 1iabilities Stockholders' equity Common stock (46,88e shares) Retained earnings Total stockholders equity Total liabilities and stockholders' equity 275,000 $242,666 Required Calculate the following ratios for Year 3 and Year 4. Since Year 2 numbers are not presented do not use averages w

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