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Please help!!! Will Rate The following financial statements apply to Vernon Company: Year 2 Year 1 Revenues $ 221,500 $ 182,100 Expenses Cost of goods

Please help!!! Will Rate The following financial statements apply to Vernon Company:

Year 2 Year 1
Revenues $ 221,500 $ 182,100
Expenses
Cost of goods sold 124,200 102,100
Selling expenses 20,000 18,000
General and administrative expenses 9,300 8,300
Interest expense 2,500 2,500
Income tax expense 19,800 16,500
Total expenses 175,800 147,400
Net income $ 45,700 $ 34,700
Assets
Current assets
Cash $ 5,400 $ 6,700
Marketable securities 2,100 2,100
Accounts receivable 35,300 30,600
Inventories 100,600 95,700
Prepaid expenses 4,700 3,700
Total current assets 148,100 138,800
Plant and equipment (net) 105,000 105,000
Intangibles 20,500 0
Total assets $ 273,600 $ 243,800
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Accounts payable $ 38,700 $ 34,500
Other 15,000 16,000
Total current liabilities 53,700 50,500
Bonds payable 64,200 65,200
Total liabilities 117,900 115,700
Stockholders equity
Common stock (41,000 shares) 114,500 114,500
Retained earnings 41,200 13,600
Total stockholders equity 155,700 128,100
Total liabilities and stockholders equity $ 273,600 $ 243,800

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 $6.06 and $4.92, 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 capital. i. Current ratio. (Round your answers to 2 decimal places.) j. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) l. Inventory turnover. (Round your answers to 2 decimal places.) 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.)

Year 2 Year 1
a. Net margin 20.63 % 19.06 %
b. Return on investment % 14.23 %
c. Return on equity % 27.09 %
d. Earnings per share
e. Price-earnings ratio times times
f. Book value per share of common stock
g. Times interest earned times times
h. Working capital
i. Current ratio
j. Quick (acid-test) ratio
k. Accounts receivable turnover times times
l. Inventory turnover times times
m. Debt-to-equity ratio
n. Debt-to-assets ratio % %

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