At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 31,800 89,500 112,500 $ 35,625 $ 37,800 62,500 50,200 82,500 54,000 5,000 10,700 9,375 278,500 255,000 230.500 $523,000 $445,000 $377,500 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $129,900 $ 75,250 S 51,250 98,500 101,500 83,500 163,500 163,500 163,500 131,100 104.750 79,250 $523,000 $445,000 $377.500 For Year Ended December 31 Current Yr 1 Yr Ago $673,500 $532,000 $411,225 Sales Cost of goods sold Other operating expenses Interest expense $345,500 134,980 209,550 12,100 13,300 8,845 9,525 Income tax expense Total costs and expenses 642,400 502,625 Net income $ 31,100 S 29.375 Earnings per share S 1.90 $ 1.80 a. C. 4. For the current year calculate the following Debt ratio b. Equity ratio Debt-to-equity ratio d. Times interest earned Profit margin ratio f. Total asset turnover g. Return on total assets h. Return on common stockholders' equity i. Dividend yield j. Price-earnings ratio e. Common stock market price, December 31, current year $30.00 Common stock market price, December 31, 1 year ago 28.00 Annual cash dividends per share in current year $0.29 Annual cash dividends per share 1 year ago 0.24