The following financial statements apply to Benson Company:

	Year 2				Year 1
Revenues	$	219,200			$	181,800
Expenses
Cost of goods sold		125,900				103,000
Selling expenses		19,500				17,500
General and administrative expenses		9,600				8,600
Interest expense		1,700				1,700
Income tax expense		19,800				17,100
Total expenses		176,500				147,900
Net income	$	42,700			$	33,900
Assets
Current assets
Cash	$	5,800			$	6,100
Marketable securities		2,900				2,900
Accounts receivable		35,100				31,800
Inventories		100,500				95,500
Prepaid expenses		3,400				2,400
Total current assets		147,700				138,700
Plant and equipment (net)		105,100				105,100
Intangibles		20,400				0
Total assets	$	273,200			$	243,800
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Accounts payable	$	39,400			$	35,400
Other		16,400				16,000
Total current liabilities		55,800				51,400
Bonds payable		64,000				65,000
Total liabilities		119,800				116,400
Stockholders equity
Common stock (49,000 shares)		114,000				114,000
Retained earnings		39,400				13,400
Total stockholders equity		153,400				127,400
Total liabilities and stockholders equity	$	273,200			$	243,800

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.) d. Earnings 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 $6.09 and $4.86, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) f. Book value per share of common stock. (Round your answers to 2 decimal places.) g. Times interest earned. (Round your answers to 2 decimal places.) h. Working capital. i. Current ratio. (Round your answers to 2 decimal places.) j. Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) l. 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.)