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The following financial statements apply to Vernon Company: Required Calculate the following ratios for Year 1 and Year 2 . Since opening balance numbers are

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The following financial statements apply to Vernon 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 numberpresented on the Year 1 balance sheet. Note: Round ratio onswers to 2 decimal ploces unless otherwise indicated. 0. Net margin b. Return on investment c. Return on equity. d. Earnings pet share. e. Price earnings ratto (market prices at the end of Year 1 and Year 2 were $6.12 and $478, respectively) Note: Round your intermediate calculations and final answers to 2 decimal places. f. Book value per share of common stock. g. Times interest eamed h. Working capital i. Current ratio. j. Quick (ocid test) ratio k. Accounts recelvable turnover 1. Ifrventory turnover m. Detat to equity ratio. n. Debrto assets ratio. k. Accounts receivable tumover. I. Inventory turnover: m. Debt-to-equity ratio. n. Debt-to-assets ratio. Note: Round your onswers to the nearest whole percent

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