The following financial statements apply to Finch Company: Year 4 Year 3 Revenues Net sales $211,900 $175,800 Other revenues 8,800 5,500 Total revenues 220,700 181,300 Expenses Cost of goods sold 124,100 102,500 Selling expenses 19,800 17,800 General and administrative expenses 9,100 8,100 Interest expense 2,500 2,500 Income tax expense 20,000 17,900 Total expenses 175,500 148,800 Net income $ 45,200 $ 32,500 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 $ 4,800 $ 6,900 2,700 2,700 35,700 31,700 101,100 95,900 4,900 3,900 149,200 141,100 105,000 105,000 20,600 0 $274,800 $246,100 $ 38,000 $ 54,200 15,400 15,800 53,400 70,000 64,600 65,600 Total liabilities 118,000 135,600 Stockholders' equity Common stock (42,000 shares) Retained earnings 113,600 113,600 43,200 Total stockholders' equity (3,100) 156,800 110,500 Total liabilities and stockholders' equity $274,800 $246,100 Requis 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. Not 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-eamings ratio (market prices at the end of Year 3 and Year 4 were $5.98 and $4.96, 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.) 9 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 2 decimal places.) h. Working capital 1. 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.) 1. Inventory turnover (Round your answers to 2 decimal places.) m. Debt-to-equity ratio (Round your answers to 2 decimal places.) n. Debi-to-assets ratio (Round your answers to the nearest whole percent.) aNet margin b. Return on investment e Return on equity Year A % % T Year 3 S 56 % d. Earnings per share Price-earnings ratio mes times Book value 19 Interest pamed mes umes h Working capital IN Current rato Quick lacid-test) ratio K Accounts receivable turnover times fames Inventory turnover mee m. Debs-to-equity rate Debito-as