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The comparative financial statements for Prince Company are below Year 2 Income statement Sales revenue $210,000 172,000 117000 Cost of goods sold 102,000 Gross prof

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The comparative financial statements for Prince Company are below Year 2 Income statement Sales revenue $210,000 172,000 117000 Cost of goods sold 102,000 Gross prof Operating expenses and Interest expense 93,000 0,000 54,000 58,000 Pretax Income 35,000 16,000 Income tax 0,000 S 25,00011,000 5,000 Net Income Balance sheet S 6,000 S 8,000 Cash Accounts recelvable (net) 15,000 19,000 42,000 38,000 Property and equipment (net) 48,000 40,000 105,000 Total assets Current lab ties (no Interest) Long-term liabilities (10% interest) Common stock ($5 par value, 7000 shares S 17000 46,000 S 18,000 46,000 35,000 35,000 Retained earnings 13,000 6,000 S 111,00005,000 Total lab ties and stockholders equity Section Break P13-6 Computing Comparative Financial Statements and Dupont Ratlos LO 13-3, 13-4, 13-5 value: 10.00 points P13-6 Part 2 2. Compute the ratios in the DuPont model for Year 2. (Round your answers to 2 decimal places.) Return on Return on Total asset Net profit

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