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The comparative financial statements for Prince Company are below: Year 1 Year 2 Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses

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The comparative financial statements for Prince Company are below: Year 1 Year 2 Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (10% interest) Common stock ($5 par value, 6,200 shares outstanding) Retained earnings Total liabilities and stockholders' equity $194,000 113,000 $168,000 100,400 67,600 53,200 14,400 4,200 $ 10,200 81,000 56,400 24,600 8,400 $ 16,200 $7,200 18,200 34,800 38,400 $ 98,600 S 16.200 17,200 45,200 31,000 5,200 $ 98,600 $4,400 14,200 40,400 45,600 $104,600 45,200 31,000 2,200 $104,600 2. Compute the ratios in the DuPont model for Year 2. (Round your answers to 2 decimal places.) Return on equity Return on assets Total asset turnover Net profit margin Financial leverage

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