answers and explain

The following financial statements apply to Rundle Company: 2018 2019 Revenues 176,70 210, 60 Net sales 5, 900 9, 600 Other revenues 182, 600 220, 200 Total revenues Expenses 102, 90 124,10 Cost of goods sold 18,800 20,800 selling expenses 9, 500 General and administrative expenses 2,100 2,100 Interest expense 17,200 20, 300 Income tax expense 150, 500 177,800 Total epenses s 42,40032,100 Net income Assets urrent assets 8 5,500 7,300 Cash Marketable securities 2, 700 2, 700 Accounts receivable 36, 500 31,500 100,70 94,300 Inventories 4, 600 Prepaid expenses 3, 600 150,00 139, 40 Total current assets Plant and equipment (net) 105,30 Intangibles 22, 000 Total assets s 277,300 244,700o Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable s 38,500 $ 55,900 Assets Current assets s 7,300 $ 5,500 Cash 2, 700 2,700 Marketable securities 36,500 31,500 Accounts receivable 100,70 94,300 Inventories 4, 600 3, 600 Prepaid expenses 139,40 150,00 Total current assets Plant and equipment (net) Intangibles 22,000 Total assets 277, 300 244, 700 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable s 38,500 s 55,900 Other 16, 300 16, 400 Total current liabilities 54, 800 12, 300 Bonds payable 64, 30063, 300 Total liabilities 119,100 137, 600 stockholders' equity 114,20 114,20 Common stock (48,000 shares) Retained earnings 44,000 (7,100 107,10 Total stockholders' equity Total liabilities and stockholders' 277,300 $ 244,700 equity 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. Net margin. (Round your answers to 2 decimal places.) Retum on investment. (Round your answers to 2 decimal places.) Return on equity. (Round your answers to 2 decimal places.) Eamings per share. (Round your answers to 2 decimal places.) Price-earnings ratio (market prices at the end of 2018 and 2019 were $6.07 and $4.90, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) a. C. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest eamed. 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.) Working capital. Current ratio. (Round your answers to 2 decimal places.) Quick (acid-test) ratio. (Round your answers to 2 decimal places.) Accounts receivable turnover. (Round your answers to 2 decimal h. j. k. places.) I. Inventory turnover. (Round your answers to 2 decimal places.) Debt to equity ratio. (Round your answers to 2 decimal places.) Debt to assets ratio. (Round your answers to the nearest whole percent.) n. Debt to assets ratio. (Hound your answers to the nearest whole percentj 2018 2019 a. Net margin b. Returm on investment C. Return on equity d. Earnings per share times times e. Price-earnings ratio f Book value tim times g. Interest earned h. Working capital i. Current ratio Quick (acid-test) ratio j times k. Accounts receivable turnover times I Inventory turnover m. Debt to equity ratio n Debt to assets ratio