The following financial statements apply to Campbell Company: Year 4 Year 3 Revenues Net sales $210,600 8,10e $175,000 5,500 Other revenues Total revenues 218,700 180,500 Expenses Cost of goods sold Selling expenses General and administrative expenses 125,900 20,700 10,700 102,400 18,700 9,700 1,90e 17,700 Interest expense 1,900 Income tax expense 19, 0e0 Total expenses 178,200 150,400 40,50e $30,100 Net income Assets Current assets Cash 4,100 6,800 Marketable securities 2,900 2,900 Accounts receivable 36,800 30,80e 101,400 3,300 148,500 Inventories 94,000 Prepaid expenses 2,300 136,800 Total current assets Plant and equipment (net) Intangibles 105,900 105,900 21,800 $276, 200 Total assets $242,700 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable 39,400 55,100 Other 17,000 56,400 16,500 Total current liabilities Bonds payable 71,600 66,600 65,600 Total liabilities 122,000 138, 200 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable $ 55,100 16,500 39,400 Other 17,000 71,600 66,600 Total current liabilities 56,400 Bonds payable 65,600 Total liabilities 122,e00 138,200 Stockholders' equity Common stock (40,000 shares) Retained earnings Total stockholders' equity 114,700 39,500 114,700 (10,200 154, 200 104,500 $276, 200 $242,700 Total liabilities and stockholders' equity Required Calculate the following ratios for Year 3 and Year 4. Since Year 2 numbers are not presented do not use averages when calculating the ratios for Year 3. Instead, use the number presented on the Year 3 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 3 and Year 4 were $6.06 and $4.92, 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. Exclude extraordinary income in the calculation as they cannot be expected to recur and, therefore, will not be available to satisfy future interest payments. (Round your answers to 2 decimal places.) h. Working capital. i. Current ratio. (Round your answers to 2 decimal places.) i- Quick (acid-test) ratio. (Round your answers to 2 decimal places.) k. Accounts receivable turnover. (Round your answers to 2 decimal places.) I. 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 4 Year 3 Net margin a. b. Return on investment Return on equity % % C. Earnings per share d. times times e. Price-earnings ratio f. Book value Interest earned times times h. Working capital Current ratio Quick (acid-test) ratio times Accounts receivable turnover times k. times Inventory turnover I. times Debt-to-equity ratio m. % Debt-to-assets ratio % n