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*****PLEASE ANSWER*********************** Problem 13-23A (Algo) Ratlo analysis LO 13-2, 13-3, 13-4, 13-5 The following financial statements apply to Gibson Company: Required Calculate the following ratios

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*****PLEASE ANSWER***********************

Problem 13-23A (Algo) Ratlo analysis LO 13-2, 13-3, 13-4, 13-5 The following financial statements apply to Gibson Company: Required Calculate the following ratios for Year 1 and Year 2. When data limitations prohibit computing averages, use year-end balances in your calculations. a. Net margin. (Round your answers to 2 declmal pleces.) b. Return on investment. (Round your onswers to 2 declmal pleces.) c. Return on equity. (Round your onswers to 2 declmal pleces.) d. Earnings per share. (Round your answers to 2 declmol places.) e. Price-earnings ratio (market prices at the end of Year 1 and Year 2 were $5.99 and $4.86, respectively). (Round your Intermedlate colculatlons and flnal answers to 2 declmal places.) f. Book value per share of common stock. (Round your answers to 2 declmal pleces.) g. Times interest earned. (Round your answers to 2 declmol places.) h. Working capital. 1. Current ratio. (Round your onswers to 2 declmal pleces.) J. Quick (acid-test) ratio. (Round your onswers to 2 declmal pleces.) k. Accounts receivable turnover. (Round your answers to 2 declmal pleces.) I. Inventory turnover. (Round your answers to 2 decimal places.) m. Debt-to-equity ratio. (Round your onswers to 2 declmal pleces.) n. Debt-to-assets ratio. (Round your onswers to the nearest whole percent.) \begin{tabular}{|c|c|c|c|} \hline & & Year 2 & Year 1 \\ \hline a. & Net margin & % & % \\ \hline b. & Return on investment & % & % \\ \hline c. & Return on equity & % & % \\ \hline d. & Earnings per share & & 7 \\ \hline e. & Price-earnings ratio & times & times \\ \hline f. & Book value per share of common stock & & 17 \\ \hline g. & Times interest earned & times & times \\ \hline h. & Working capital & & 7 \\ \hline i. & Current ratio & & 7 \\ \hline j. & Quick (acid-test) ratio & & \\ \hline k. & Accounts receivable turnover & times & times \\ \hline I. & Inventory turnover & times & times \\ \hline m. & Debt-to-equity ratio & & p \\ \hline n. & Debt-to-assets ratio & % & % \\ \hline \end{tabular}

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