Please answer parts e through n of the question!
BAIRD COMPANY Balance Sheets As of December 31 Year 2 Year 1 Assets current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets \begin{tabular}{rr} $4,000 & $8,000 \\ 2,200 & 2,200 \\ 35,700 & 31,900 \\ 100,700 & 94,500 \\ 3,000 & 2,000 \\ \hline 145,600 & 138,600 \\ 106,300 & 106,300 \\ 20,600 & 0 \\ \hline$272,500 & $244,900 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Liabilities Current liabilities 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. Note: Round ratio answers to 2 decimal places unless otherwise indicated. 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. Note: Round ratio answers to 2 decimal places unless otherwise indicated. a. Net margin. b. Return on investment. c. Return on equity. d. Earnings per share: e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $6.02 and $4.91, respectively). Note: Round your intermediate calculations and final answers to 2 decimal places. f. Book value per share of common stock. g. Times interest earned. h. Working capital. 1. Current ratio. J. Quick (acid-test) ratio. k. Accounts receivable turnover. I. Inventory turnover. m. Debt-to-equity ratio. n. Debt-to-assets ratio. Note: Round your answers to the nearest whole percent. x Answar is not complete. BAIRD COMPANY Balance Sheets As of December 31 Year 2 Year 1 Assets current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets \begin{tabular}{rr} $4,000 & $8,000 \\ 2,200 & 2,200 \\ 35,700 & 31,900 \\ 100,700 & 94,500 \\ 3,000 & 2,000 \\ \hline 145,600 & 138,600 \\ 106,300 & 106,300 \\ 20,600 & 0 \\ \hline$272,500 & $244,900 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Liabilities Current liabilities 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. Note: Round ratio answers to 2 decimal places unless otherwise indicated. 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. Note: Round ratio answers to 2 decimal places unless otherwise indicated. a. Net margin. b. Return on investment. c. Return on equity. d. Earnings per share: e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $6.02 and $4.91, respectively). Note: Round your intermediate calculations and final answers to 2 decimal places. f. Book value per share of common stock. g. Times interest earned. h. Working capital. 1. Current ratio. J. Quick (acid-test) ratio. k. Accounts receivable turnover. I. Inventory turnover. m. Debt-to-equity ratio. n. Debt-to-assets ratio. Note: Round your answers to the nearest whole percent. x Answar is not complete
