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Year 2 $ 219,300 Year 1 183,400 $ 124,800 20,600 10,800 1,600 20, 200 178, eee 102,600 18,600 9,800 1,600 16,40e 149, eee $ 41,300 $ 34,400 $ Revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 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 Stockholders' equity Common stock (40,280 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 5, 100 2,6ee 36,700 101, see 3, 10e 149, 300 185,400 21,300 $ 276,000 7,900 2,600 31,200 94, 200 2,100 138, eee 105,400 $ 243,400 $ $ 38,800 16, 200 55,000 64,800 119,800 35, eee 16, 20e 51,200 65,800 117,000 114, 10e 42,100 156, 2ee $ 276, see 114, lee 12,300 126, 4ee 243, 4ee $ Year 1 18.70 a. % Year 2 18.83 % 14.96 X % 26.44 X % b. 96 14.13 27.22 c. % d. IS IS 0.86 SIX 3.79 X times Net margin Return on investment Return on equity Earnings per share Price-earnings ratio Book value per share of common stock Times interest earned Working capital Current ratio Quick (acid-test) ratio OXIX X X f. 1.03 3.67 X times 3.91 123.44 times 94,300 IS IS 3.16 10.25 x 9 times h. IS IS 86,800 2.71 2.69 i. i. 0.81 0.81 5.98 times 1.23 x times S L. Accounts receivable turnover Inventory turnover Debt-to-equity ratio Debt-to-assets ratio >XXS 5.88 times 1.09 times 0.48 X m. 0.78 n. 43 % 48 96