2019 2018 Revenues Net sales Other revenues $210,100 8,200 218,300 $175,600 6,400 182,000 Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 125,800 20,700 9,100 2,600 19,400 177,600 102,700 18,700 8,100 2,600 17,000 149,100 Total expenses Net income $ 40,700. $ 32,900 Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets $ 5,700 1,800 36,700 100,100 4,800 149, 100 106,200 21,100 $276,400 $ 6,200 1,800 30,300 95,100 3,800 137,200 106,200 $243,400 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (46,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 38,700 15,700 54,400 65,200 119,600 $ 55,300 16,600 71,900 66,200 138,100 114,600 42,200 156,800 $276,400 114,600 (9,300) 105,300 $243,400 2019 2018 a. Net margin 21.53% 18.08% b. Return on investment % % % % c. Return on equity d. Earnings per share e. Price-earnings ratio f. Book value times times g. Interest earned times times h. Working capital i. Current ratio j. Quick (acid-test) ratio k. Accounts receivable turnover times times times times 1. Inventory turnover m. Debt to equity ratio n. Debt to assets ratio % %