The following financial statements apply to Stuart Company:

	Year 2				Year 1
Revenues	$	219,800			$	183,000
Expenses
Cost of goods sold		125,100				102,700
Selling expenses		21,000				19,000
General and administrative expenses		9,700				8,700
Interest expense		2,500				2,500
Income tax expense		20,600				16,000
Total expenses		178,900				148,900
Net income	$	40,900			$	34,100
Assets
Current assets
Cash	$	4,700			$	7,600
Marketable securities		2,600				2,600
Accounts receivable		36,500				30,500
Inventories		100,900				95,400
Prepaid expenses		3,000				2,000
Total current assets		147,700				138,100
Plant and equipment (net)		105,300				105,300
Intangibles		21,700				0
Total assets	$	274,700			$	243,400
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Accounts payable	$	38,000			$	34,800
Other		16,900				16,300
Total current liabilities		54,900				51,100
Bonds payable		64,200				65,200
Total liabilities		119,100				116,300
Stockholders equity
Common stock (47,000 shares)		113,300				113,300
Retained earnings		42,300				13,800
Total stockholders equity		155,600				127,100
Total liabilities and stockholders equity	$	274,700			$	243,400

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 $6.04 and $4.87, 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.) 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.)