2019 2018 $210,300 9,000 219,300 $175,800 6,300 182,100 124,900 20,900 9,000 2,700 19,500 177,000 101, 700 18 900 8,000 2,700 16,200 147,500 $ 42300 $ 34, 600 Revenues Net sales Other revenues Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses Net income 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 mallishining $14,800 1300 36,500 101 100 4,500 148,200 102 000 21,000 $276,200 S 6300 1300 31,700 94, 000 3,500 1361 800 107.000 0 $243,800 39.900 16,300 561200 65,300 1210500 , SI55) 300 16,400 21200 66300 138.000 I. Inventory turnover. m. Debt to equity ratio. (Round your answers to 2 decimal place n. Debt to assets ratio. (Round your answers to the nearest wh 2019 2018 % % % times a. Net margin b. Return on investment c. Return on equity d. Earnings per share e. Price-earnings ratio f. Book value g. Interest earned h. Working capital i. Current ratio 1. Quick (acid-test) ratio k. Accounts receivable turnover 1. Inventory turnover m. Debt to equity ratio n. Debt to assets ratio times times times % Check my work 4 121.500 138,000 Total liabilities stockholders equity Common atoak (49,000 shares) retained conga Total stockholders' equity Toto1 liabilities and stockholders' equity 114,300 40,400 13471/00 9276,200 114,300 (6.500) 105,800 $243.800 ipped ook Print carences Required Calculate the following ratios for 2018 and 2019. Since 2017 numbers are not presented do not use averages when calculating the ratios for 2018. Instead, use the number presented on the 2018 balance sheet a. Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places c. 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 2018 and 2019 were $5.97 and 54.93, respectively). (Round your Intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. Exclude extraordinary income in the calculation as they cannot be expected to tecurand, therefore, will not be available to satisfy future Interest payments. (Round your answers to 2 decimal places.) h. Working capital L Current ratio. (Round your answers to 2 decimal places.) J. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places) 1. Inventory turnover. (Round your answers to 2 decimal places.) m. Debt to equity ratio. (Round your answers to 2 decimal places) n. Debt to assets ratio. (Round your answers to the nearest whole percent.)