The following financial statements apply to Finch Company:

	Year 2				Year 1
Revenues	$	220,600			$	182,000
Expenses
Cost of goods sold		124,800				102,800
Selling expenses		20,900				18,900
General and administrative expenses		10,500				9,500
Interest expense		2,500				2,500
Income tax expense		20,900				17,800
Total expenses		179,600				151,500
Net income	$	41,000			$	30,500
Assets
Current assets
Cash	$	5,500			$	7,700
Marketable securities		2,300				2,300
Accounts receivable		36,500				30,900
Inventories		100,100				95,200
Prepaid expenses		4,700				3,700
Total current assets		149,100				139,800
Plant and equipment (net)		105,100				105,100
Intangibles		21,900				0
Total assets	$	276,100			$	244,900
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Accounts payable	$	38,800			$	35,800
Other		16,500				16,100
Total current liabilities		55,300				51,900
Bonds payable		65,200				66,200
Total liabilities		120,500				118,100
Stockholders equity
Common stock (42,000 shares)		113,600				113,600
Retained earnings		42,000				13,200
Total stockholders equity		155,600				126,800
Total liabilities and stockholders equity	$	276,100			$	244,900

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 $6.07 and $4.81, 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.)