Problem $13-23$A $($Algo$)$ Ratio analysis LO $13-2,13-3,13-4,13-5$

The following financial statements apply to Vernon Company:

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 $$6\mathrm{.}03$ and $$4\mathrm{.}91,$ 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. Exclude extraordinary income in the calculation as they cannot be expected to recur and, therefore, will not be available to satisfy future interest payments. $($Round your answers to $2$ decimal places.$)$

h$.$ Working capital.

l$.$ 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.$)$

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.$)$