Revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense $ 220,200 $ 182,800 125,300 102,400 19,100 17,100 10,000 9,000 2,500 2,500 20,000 16,900 176,900 147,900 Total expenses Net income Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities 43,300 $ 34,900 $ 4,800 $ 7,300 1,500 1,500 35,100 31,300 101,300 94,700 4,700 3,700 147,400 138,500 106,600 106,600 21,000 B $ 275,000 $ 245,100 $ 39,200 $ 34, 300 15,500 15,200 54,700 49,500 65,800 66,800 120,500 116,300 Common stock (43,000 shares) 114,200 114,200 Retained earnings 40,300 14,600 Total stockholders' equity 154,500 128,800 Total liabilities and stockholders' equity $275,000 $ 245,100 Stockholders' equity 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 $5.99 and $4.77, respectively). (Round your Inte 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. 1. 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.) 1. 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.) Net margin b Return on Investment Return on equity Year 2 Year 1 96 % 96 % % 96 d Earnings per share e. Price-earnings ratio times times f. Book value per share of common stock g Times interest earned times times Thi Working capital Current ratio Quick (acid-test) ratio Accounts receivable turnover Inventory turnover m. Debt-to-equity ratio simes times times times