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Need some help, thank you! The following financial statements apply to Cowboy Ice Cream Company: Year 2 $ 220,600 Year 1 $ 181,200 125,300 20,900

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The following financial statements apply to Cowboy Ice Cream Company: Year 2 $ 220,600 Year 1 $ 181,200 125,300 20,900 10,000 2,400 20,500 179, 100 $ 41,500 102,800 18,900 9,000 2,400 16,600 149,700 $ 31,500 Revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses Net income Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment net Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders equity Common stock (43,000 shares) Retained carnings Total stockholders' equity Total liabilities and stockholders' equity 5,100 1,000 35, 100 100, 500 4,100 145,800 105, 200 20,600 $ 271,600 6,900 1,000 30,300 94,200 3,100 135,500 105,200 0 $ 240,700 $ 39,200 16,500 55,700 65,400 121,100 $ 34,600 15, 200 49,800 66,400 116,200 113,800 35, 700 150, 500 $ 271.600 113,800 10,700 124,500 $ 240,700 a. Net margin. (Round your answers to 2 decimal places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal places.) d. Times interest earned. (Round your answers to 2 decimal places.) e. Working capital f. Current ratio. (Round your answers to 2 decimal places.) g. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) h. Accounts receivable turnover. (Round your answers to 2 decimal places.) 1. Inventory turnover. (Round your answers to 2 decimal places.) J. Debt-to-equity ratio. (Round your answers to 2 decimal places.) k. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) a. b . Year 1 % % % times C. d. e f Net margin Return on investment Return on equity Times interest earned Working capital Current ratio Quick (acid-test) ratio Accounts receivable turnover Inventory turnover Debt-to-equity ratio Debt-to-assets ratio 9 h times times 1 % k

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