How would you solve the return on equity, return on invested capital, profit margin, debt to capital ratio, and p/e ratio for the information on page 136 in fundamentals of the financial management 9th edition

e affected by changes in these two counts. Corrigan Corporation: Balance Sheets as of December 31 2016 2015 Cash $ 72,000 $ 65,000 Accounts receivable 439,000 328,000 Inventories 894,000 813,000 Total current assets $1,405,000 $1,206,000 Land and building 238,000 271,000 Machinery 132,000 133,000 Other fixed assets 61,000 57,000 Total assets $1,836,000 $1,667,000 Accounts payable Accrued liabilities Notes payable - Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $ 80,000 45,010 476,990 $ 602,000 404,290 575,000 254,710 $1,836,000 $ 72,708 40,880 457,912 $ 571,500 258,898 575,000 261,602 $1,667,000 Chapter 4 Analysis of Financial Statements 137 Corrigan Corporation Income Statements for Years Ending December 31 2016 2015 Sales 2.000 .000 Cost of goods sold BADO 900 Gross operating profit $ 560,000 655.000 General administrative and selling expenses 3.300 297550 Depreciation 154,500 $ 97,680 $ 202,950 Interest 67 000 43.000 Earnings before taxes (EBT) $ 30,680 $199.950 Taxes (40 ) 12,272 Net Income $ 16.408 $99.970 EBIT Per Share Data EPS Cash dividends Market price (average) P/E ratio Number of shares outstanding 2016 $ 0.80 $ 110 $1234 1542 23,000 2015 $ 4.17 $0.95 $23.57 565x 23,000 Industry Financial Ratios Current ratio Inventory turnover Days sales outstanding Fixed assets turnover Total assets turnover Retum on assets Return on equity Return on invested capital Profit margin Debt-to-capital ratio P/E ratio 2016 2.7x 70x 32.0 days 13.0x 2.6x 9.1% 18.2% 14.5% 3.5% 50.0% 6.0x "Industry average ratios have been constant for the past 4 years. Based on year-end balance sheet figures "Calculation is based on a 365-day year