al: veico... Saved The following financial statements apply to Baird Company: Year 2 $ 220,800 Year $ 181,700 124, 200 20,600 10,200 2,800 20, 100 177,900 42,900 102,700 18,600 9,200 2,800 17,600 150,900 30,800 $ $ 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 $ $ 4,900 1,400 35,200 100,500 4,600 146,600 106,400 20,600 7,100 1,400 30, 200 95,600 3,600 137,900 106,400 e $ 273,600 $ 244,300 $ Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (47,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 38,900 15,500 54,400 64,800 119,200 35,200 16,100 51,300 65,800 117,100 114,200 40,200 154,400 $ 273,600 114,200 13,000 127,200 $ 244,300 Check my wor Calculate the following ratios for Year 1 and Year 2. Since opening balance numbers are not presented do not use averages when calculating the ratios for Year 1. Instead, use the number presented on the Year 1 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 Year 1 and Year 2 were $5.97 and $4.86, 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 recur and therefore, will not be available to satisfy future interest payments. (Round your answers to 2 decimal places.) h. Working capital i. 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.) I. 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.) Year 2 Year 1 % % % % % % times times a. Net margin b. Return on investment C. Return on equity d. Earnings per share e. Price-earnings ratio f. Book value per share of common stock g. Times interest earned h. Working capital i. Current ratio Quick (acid-test) ratio k. Accounts receivable turnover L. Inventory turnover m. Debt-to-equity ratio n. Debt-to-assets ratio times times j. times times times times % %