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Additional Problem 19-4 Use the Information In the table below to answer the following questlons. Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2
Additional Problem 19-4 Use the Information In the table below to answer the following questlons. Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2 Year 1 Accounts payable 384 436 830 Accounts receivable 1,28e Accumulated depreciation Cash & equivalents 6,746 6,632 224 128 Common stock 1,184 1,120 Cost of goods sold Depreciation expense Common stock dividends paid 1,5ee .. n.a. n.a. Interest expense 140 .. Inventory Addition to retained earnings 1,014 1,026 02 n,a. Long-term debt Notes payable 812 736 230 388 Gross plant & equipment Retained earnings 10,260 3,062 3,018 10,eee 2,476 Sales .a. Other current liabilities 116 96 Tax rate 34% n.a Market price per share - year end Number of shares outstanding 17.5e 19.8e 5ee million 5ee million Net profit $834.24 a. Calculate Windswept Woodworks' return on equity for year 2. (Round your answer to 2 decimal places.) ROE Calculate the following Items for Windswept Woodworks for year 2 (Round your answers to 2 decimal places.) Profit margin b. Tax burden ratio C. Interest burden ratio d. Asset turnover ratio e. f. Leverage ratio
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