Given the financial statements for Jones Corporation and Smith Corporation:

JONES CORPORATION
Current Assets	Liabilities
Cash			$	121,300	Accounts payable	$	122,000
Accounts receivable				81,800	Bonds payable (long term)		82,400
Inventory				54,500
Long-Term Assets	Stockholders' Equity
Gross fixed assets	$	519,000			Common stock	$	150,000
Less: Accumulated depreciation		151,200			Paid-in capital		70,000
Net fixed assets*				367,800	Retained earnings		201,000
Total assets			$	625,400	Total liabilities and equity	$	625,400

Sales (on credit)	$	1,252,000
Cost of goods sold		758,000
Gross profit	$	494,000
Selling and administrative expense		311,000
Depreciation expense		51,900
Operating profit	$	131,100
Interest expense		8,200
Earnings before taxes	$	122,900
Tax expense		100,600
Net income	$	22,300

*Use net fixed assets in computing fixed asset turnover.

Includes $13,500 in lease payments.

SMITH CORPORATION
Current Assets	Liabilities
Cash			$	36,500	Accounts payable	$	83,200
Marketable securities				11,600	Bonds payable (long term)		213,000
Accounts receivable				75,700
Inventory				84,500
Long-Term Assets	Stockholders' Equity
Gross fixed assets	$	545,000			Common stock	$	75,000
Less: Accumulated depreciation		254,900			Paid-in capital		30,000
Net fixed assets*				290,100	Retained earnings		97,200
Total assets			$	498,400	Total liabilities and equity	$	498,400

*Use net fixed assets in computing fixed asset turnover.

SMITH CORPORATION
Sales (on credit)	$	1,290,000
Cost of goods sold		847,000
Gross profit	$	443,000
Selling and administrative expense		248,000
Depreciation expense		55,000
Operating profit	$	140,000
Interest expense		29,100
Earnings before taxes	$	110,900
Tax expense		59,800
Net income	$	51,100

Includes $13,500 in lease payments.

a.

Compute the following ratios.(Use a 360-day year. Do not round intermediate calculations. Input your profit margin, return on assets, return on equity, and debt to total assets answers as a percent rounded to 2 decimal places. Round all other answers to 2 decimal places.)

	Jones Corp.	Smith Corp.
Profit margin	%	%
Return on assets (investments)	%	%
Return on equity	%	%
Receivable turnover	times	times
Average collection period	days	days
Inventory turnover	times	times
Fixed asset turnover	times	times
Total asset turnover	times	times
Current ratio	times	times
Quick ratio	times	times
Debt to total assets	%	%
Times interest earned	times	times
Fixed charge coverage	times	times

Need to have both columns for each company.