The following financial statements apply to Jordan Company Year 4 Year 3 $210,600 9,800 220,400 $176,200 5,700 181,900 125,400 19,300 9,600 1,800 19,600 174,900 102,300 17,300 8,600 1,000 17,600 146,800 $ 45,500 $ 35, 100 Revenues Net sales Other revenues Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses Net income 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 Total liabilities Stockholders' equity Common stock (48,800 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 5,700 1,700 35,900 100,000 4,500 147,800 106,000 21,300 $275,100 $ 7,400 1,700 31,500 95,600 3,500 139,700 106,000 0 $245,700 $ 39,200 16,400 55,600 64,200 119,800 $ 55,900 16,700 72,600 65,200 137,800 114,300 41,000 155, 300 $275,100 114,300 (6,400) 107,900 $245,700 Calculate the following ratios for Year 3 and Year 4. When data limitations prohibit computing averages, use year-end balances in your calculations. a. Net margin. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45).)) b. Return on investment. (Round your percentage answers to 2 decimal places (.e., 0.2345 should be entered as 23.45).)) c. Return on equity. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45).)) 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 $6.07 and $4.88, 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.) 1. 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 a. Net margin % % b. Return on investment % % C. % % d. Return on equity Earnings per share Price-earnings ratio Book value per share e. times times f. g. times times h. Times interest earned Working capital Current ratio 1. j. k. times times Quick (acid-test) ratio Accounts receivable turnover Inventory turnover Debt-to-equity ratio 1.. times times m. n. Debt-to-assets ratio % %