Please answer parts A-N with the proper explanation of the use of formulas.

Required Calculate the following ratios for Year 1 and Year 2 Since opening balance numbers are not presented do not use averages when calculating the ratios for Year 1 Instead, use the number presented on the Year 1 balance sheet 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. Earnings per share (Round your answers to 2 decimal places.) e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $11.88 and \$954, respectively) (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. (Round your answers to 2 decimal places.) h. Working copital i. Current ratio. (Round your answers to 2 decimal places.) j. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts recelvable turnover (Round your answers to 2 decimal places.) 1. Inventory turnover. (Round your answers to 2 decimal pleces.) m. Debt-to-equity ratio. (Round your answers to 2 decimal places.) n. Debt-to-assets ratio. (Round your answers to the nearest whole percent) The following financial statements apply to Karl Company