The following financial statements apply to Walton Company:

$\backslash$table$[[,$Year $2,$Year $1],[$Revenues$,$$$218,800,$$$180,600],[$Expenses$],[$Cost of goods sold,$124\mathrm{.}200,102\mathrm{.}606],[$Selling expenses,$19,800,17,800],[$General and administrative expenses,$9,300,8,300],[$Interest expense,$\backslash$table$[[2,600],[20\mathrm{.}000]],2,600],[$Income tax expense,$20,000,18,000],[$Total expenses,$175,900,149,300],[$Net income,$$42,900,$$$31,300],[$Assets$],[$Current assets$],[$Cash$,5,700,6,500],[$Marketable securities$,1,600,1,600],[$Accounts receivable,$36,400,30,500],[$Inventories$,100,900,95,400],[$Prepaid expenses,$3,000,2,000],[$Total current assets,$147,600,136,000],[$Plant and equipment $($net$),105,800,105,800],[$Intangibles$,21,100,0],[$Total assets,$$274,500,$$$241,800],[$Liabilities and Stockholders' Equity$],[],[$Current liabilities$],[$Accounts payable,$$40,000,$$$34,600],[$Other$,16,000,16,500],[$Total current liabilities,$56,000,51,100],[$Bonds payable,$66,000,67,000],[$Total liabilities,$122,000,118,100],[$Stockholders$\text{'}$ equitv$],[$Common stock $(47,000$ shares$),113,600,113,600],[$Retained earnings,$38,900,10,100],[$Total stockholders' equity,$152,500,123,700],[$Total liabilities and stockholders' equity,$$274,500,$$$241,800]]$

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 $$6\mathrm{.}11$ and $$4\mathrm{.}82,$ 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.$)$

$\backslash$table$[[,,$Year $2,$Year $1],[$a$.,$Net margin,$19\mathrm{.}61,\%,17\mathrm{.}33,\%],[$b$.,$Return on investment,$15\mathrm{.}63,\%,12\mathrm{.}95,\%],[$c$.,$Return on equity,$28\mathrm{.}13,\%,25\mathrm{.}30,\%],[$d$.,$Earnings per share,$91\mathrm{.}28,,66\mathrm{.}60,],[$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$],[$I$.,$Inventory turnover,,times,,times$],[$m$.,$Debt$-$to$-$equity ratio,,,,$],[$n$.,$Debt$-$to$-$assets ratio,,$\%,,\%]]$