The following financial statements apply to Perez Company: 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 (48,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Year 2 $ 219,200 Year 1 $ 182,100 124,600 101,400 19,500 17,500 9,800 8,800 1,800 1,800 20,400 16,600 176,100 146,100 $ 43,100 $ 36,000 $ 4,600 $ 7,800 2,300 2,300 36,300 30,900 100,500 95,900 4,700 3,700 148,400 140,600 105,900 105,900 0 21,000 $ 275,300 $ 246,500 $ 39,900 $ 35,800 15,700 16,000 55,600 51,800 65,300 66,300 120,900 118,100 113,100 113,100 41,300 154,400 15,300 128,400 $ 275,300 $ 246,500 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 $6.10 and $4.84, 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.) 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.) a. Net margin b. Return on investment Year 2 Year 1 % % % % % % C. Return on equity d. Earnings per share e. Price-earnings ratio times times f. Book value per share of common stock g. Times interest earned times times h. Working capital |i. Current ratio j. Quick (acid-test) ratio k. Accounts receivable turnover times times 1. Inventory turnover times times m. Debt-to-equity ratio n. Debt-to-assets ratio % %