The following financial statements apply to Franklin Company: 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 decimol places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal ploces.) 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 $6.03 and $479, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) 1. Book value per share of common stock. (Round your answers to 2 decimal places.) 9. Times interest earned, (Round your answors to 2 decimal ploces.) h. Working capital. 1. Current ratio. (Round your answers to 2 decimal places.) 1. 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 onswers to 2 decimal places.) n. Debt-to-assets ratio. (Round your onswers to the nearest whole percent.) \begin{tabular}{|c|c|c|c|c|c|} \hline & & Year 2 & & Year 1 & \\ \hline a. & Net margin & 18.44 & % & 17.84 & % \\ \hline b. & Return on investment & & % & 13.12 & % \\ \hline c. & Return on equity & & % & 25.04 & % \\ \hline d. & Earnings per share & 0.82 & & 0.66 & \\ \hline e. & Price-earnings ratio & 5.84 & times & 9.14 & times \\ \hline f & Book value per share of common stock & & & 262 & \\ \hline 9. & Times interest earned & & times & & times \\ \hline h. & Working capital & 94,200 & & 88,600 & \\ \hline i. & Current ratio & & & 271 & \\ \hlinej & Quick (acid-test) ratio & & & & \\ \hlinek & Accounts receivable turnover & & times & 5.70 & times \\ \hline 1 & Inventory turnover & & times & & times \\ \hline m. & Debt-to-equity ratio & 0.76 & & 0.91 & \\ \hline n. & Debt-to-assets ratio & 43 & % & 48 & % \\ \hline \end{tabular} The following financial statements apply to Franklin Company: 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 decimol places.) b. Return on investment. (Round your answers to 2 decimal places.) c. Return on equity. (Round your answers to 2 decimal ploces.) 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 $6.03 and $479, respectively). (Round your intermediate calculations and final answers to 2 decimal places.) 1. Book value per share of common stock. (Round your answers to 2 decimal places.) 9. Times interest earned, (Round your answors to 2 decimal ploces.) h. Working capital. 1. Current ratio. (Round your answers to 2 decimal places.) 1. 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 onswers to 2 decimal places.) n. Debt-to-assets ratio. (Round your onswers to the nearest whole percent.) \begin{tabular}{|c|c|c|c|c|c|} \hline & & Year 2 & & Year 1 & \\ \hline a. & Net margin & 18.44 & % & 17.84 & % \\ \hline b. & Return on investment & & % & 13.12 & % \\ \hline c. & Return on equity & & % & 25.04 & % \\ \hline d. & Earnings per share & 0.82 & & 0.66 & \\ \hline e. & Price-earnings ratio & 5.84 & times & 9.14 & times \\ \hline f & Book value per share of common stock & & & 262 & \\ \hline 9. & Times interest earned & & times & & times \\ \hline h. & Working capital & 94,200 & & 88,600 & \\ \hline i. & Current ratio & & & 271 & \\ \hlinej & Quick (acid-test) ratio & & & & \\ \hlinek & Accounts receivable turnover & & times & 5.70 & times \\ \hline 1 & Inventory turnover & & times & & times \\ \hline m. & Debt-to-equity ratio & 0.76 & & 0.91 & \\ \hline n. & Debt-to-assets ratio & 43 & % & 48 & % \\ \hline \end{tabular}