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Check my work U HUU MIU MIU your Wind wept Woodworks, Inc. Input Data (millions of dollars) Year 2 Accounts payable 472 Accounts receivable 1,316
Check my work U HUU MIU MIU your Wind wept Woodworks, Inc. Input Data (millions of dollars) Year 2 Accounts payable 472 Accounts receivable 1,316 Accumulated depreciation 6,782 Canh & equivalents 260 Common stock 1,220 Coat of goods sold 1,500 Depreciation expense 2 Common stock dividends paid 2 Interest expense 140 Inventory 1,050 Addition to retained earnings 602 Long-term debt 848 Notes payable 230 Gross plant & equipment 10,260 Retained earnings 3,098 Sales 3,018 Other current liabilities 116 Tax rate 349 Market price per share - year and $ 19.80 Number of shares outstanding 500 million Year 1 414 860 6,662 158 1. 150 n.a. n.. n.. n.. 1,056 766 380 10,000 2,506 n.. 96 n.. $ 17.50 500 million Net profit=830.28 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.) b. Profit margin c. Tax burden ratio d. Interest burden ratio e. Asset turnover ratio f. Leverage ratio
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