The following financial statements apply to Zachary Company: Year 2 Year 1 Revenues $ 219,700 $ 182,200 Expenses Cost of goods sold 125,400 102,800 Selling expenses 19,000 17,000 General and administrative expenses 9,900 8,900 Interest expense 1,500 1,500 Income tax expense 20,100 17,500 Total expenses 175,900 147,700 Net income $ 43,800 $ 34,500 Assets Current assets Cash $ 4,500 $ 6,300 Marketable securities 1,200 1,200 Accounts receivable 36,000 31,100 Inventories 101,000

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 $5.99 and $4.85, 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.)