2/5 Probl Reven Total revenues Expenses Cost of goods sold Seling expenses General and administrative expenses 2018 598.500 2017 665.000 330.000 363,000 69,000 63,000 36.000 12.000 13,500 58.500 13.500 54.000 496.500 Interest expense Income tax expense Total expenses 516,000 Eamings from continuing operations before extraordinary bems Extraordinary gain (net of income tax) Net income 168.500 82,500 4,000 86.500 0 168.500 Assets Current assets 28,800 14,400 Cash Marketable securites Accounts recevable Inventories Prepaid tems Total current assets Plant and equipment (net) Intangbles Total assets 3,600 126,000 360,000 10,800 514,800 378,000 3,600 115.200 345,600 7,200 500 400 378.000 0 72,000 964,800 878 400 Liabilities and Stockholders' Equity Liabilities Current labiities Accounts payable 194 400 54,000 144,000 61,200 205,200 237,600 442 800 Other Total current lisbilites Bonds payable Total iabilties Stockholders' equity Common stock 248.400 241 200 489.600 414,000 414.000 75.000 shares Retained eamings Total stockholders equity Total labilties and stockholders equity 108.000 522.000 (25.200) 388.800 878.400 964.800 REQUIRED Calculate the folowing ratios for 2018 and 2017, When data limitations prohbit computing averages use year-end balances or figures in your calculations 1 Net margin 2 Eamings per share 3 Price-earnings ratio 12/31/2017 Share Price 12/31/2018 Share Price 75.00 S 85.00 4 Retun on equity 5 Retun on investment Express the formula and show numbers in the formulas to receive full credit Two decimals for ratios and whole percentages are acceptable for reporting LO Problem 9-5 Revenues Total revenues Expenses Cost of goods sold Seling expenses General and administrative expenses Interest expense Income tax expense Total expenses 2018 2017 665.000 598.500 363.000 330,000 63.000 12.000 13.500 58.500 516.000 36,000 13.500 54.000 496500 Earrings from continuing operations before extraordinary tems Extraordinary gain (net of income tax) Net income 82.500 4000 86 500 168,500 0 168 500 Assets Current assets Cash Marketable securites Accounts receivable Inventories Prepaid tems Total current assets Plant and equipment inet) Intangbles Total assets 28 800 14.400 3,600 126.000 360.000 10800 514800 378000 72.000 964800 3,600 115.200 345.600 7,200 500 400 378000 878 400 Liabilities and Stockholders' Equity Liablities Current lablities Accounts payable Other Total current labilities Bonds payable Total lablties Stockholders equity 144 000 61200 205.200 237 600 442 800 194.400 $4.000 248,400 241.200 489600 414,000 Common stock shares Retaned eamings Total stockholders' equity Total labilties and stockholders' equty 414.000 75,000 108.000 522.000 964 800 (25.200) 388.800 878 400 REQUIRED Cakulate the folowing ratios for 2018 and 2017, When data limitations peohibit computing averages use year-end balances or figures in your calculations. 1 Net margin 2Eamings per share 3 Price-eamings ratio 12/31/2017 Share Price 1231/2018 Share Price 75.00 85.00 4 Return on equity 5 Return on investment Expeess the formula and show numbers in the formulas to receive ful credit Two decimals for ratios and whole percentages are acceptable for reporting