The following financial statements apply to Solomon Company:

	Year 4				Year 3
Revenues
Net sales	$	211,100			$	176,600
Other revenues		8,100				5,200
Total revenues		219,200				181,800
Expenses
Cost of goods sold		124,200				102,900
Selling expenses		19,700				17,700
General and administrative expenses		9,200				8,200
Interest expense		1,800				1,800
Income tax expense		20,200				16,200
Total expenses		175,100				146,800
Net income	$	44,100			$	35,000
Assets
Current assets
Cash	$	5,000			$	7,600
Marketable securities		2,000				2,000
Accounts receivable		35,100				30,500
Inventories		101,700				95,900
Prepaid expenses		4,800				3,800
Total current assets		148,600				139,800
Plant and equipment (net)		105,500				105,500
Intangibles		20,600				0
Total assets	$	274,700			$	245,300
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Accounts payable	$	39,100			$	55,300
Other		15,100				16,700
Total current liabilities		54,200				72,000
Bonds payable		64,100				65,100
Total liabilities		118,300				137,100
Stockholders equity
Common stock (48,000 shares)		114,500				114,500
Retained earnings		41,900				(6,300	)
Total stockholders equity		156,400				108,200
Total liabilities and stockholders equity	$	274,700			$	245,300

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. 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 3 and Year 4 were $6.05 and $4.79, 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. 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 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.)