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The following financial statements apply to Adams Company: Required Calculate the following ratios for Year 1 and Year 2 . Since opening balance numbers are

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The following financial statements apply to Adams 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.) 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 baiance 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. Eacnings 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 $610 and $479, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book volue per share of common stock. (Round your answers to 2 decimal places.). 9. Times interest earned. Exclude extraordinary income in the calculation as they cannot be expected to recur and, therefore, will not be available to sotisfy future interest payments. (Round your answers to 2 decimal places.) h. Working copital. 1. Current ratio. (Round your answers to 2 decimal places.) 1. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts recelvable 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.) Year 2 Year 1 a. Netmargin b. Return on investment c. Return on equity d. Earningsiper share e. Price-earnings ratio f. Book value per share of common stock g. Times interest eamed h. Working capital i. Curront ratio 1. Quick (acid-test) ratio k. Accounts recelvable turnover 1. Inventory turnover m. Debt-to-equity ratio n. Dobt-to-assets ratio \begin{tabular}{|l|l|l|l|} \hline & % & % \\ \hline & & & % \\ \hline & & & \\ \hline \end{tabular}

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