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the following financial statements apply to Baird Company: Year 2 Year 1 Revenues $ 2 1 9 , 7 0 0 $ 1 8 2
the following financial statements apply to Baird Company:
Year Year
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 shares
Retained earnings
Total stockholders equity
Total liabilities and stockholders equity $ $
Required
Calculate the following ratios for Year and Year When data limitations prohibit computing averages, use yearend balances in your calculations.
Net margin. Round your answers to decimal places.
Return on investment. Round your answers to decimal places.
Return on equity. Round your answers to decimal places.
Earnings per share. Round your answers to decimal places.
Priceearnings ratio market prices at the end of Year and Year were $ and $ respectivelyRound your intermediate calculations and final answers to decimal places.
Book value per share of common stock. Round your answers to decimal places.
Times interest earned. Round your answers to decimal places.
Working capital.
Current ratio. Round your answers to decimal places.
Quick acidtest ratio. Round your answers to decimal places.
Accounts receivable turnover. Round your answers to decimal places.
Inventory turnover. Round your answers to decimal places.
Debttoequity ratio. Round your answers to decimal places.
Debttoassets ratio. Round your answers to the nearest whole percent.
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