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Use the information in the table below to answer the following questions. Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2 Accounts payable 472

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Use the information in the table below to answer the following questions. Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2 Accounts payable 472 Accounts receivable 1,316 Accumulated depreciation 6,782 Cash & equivalents 260 Common stock 1,220 Cost of goods sold 1,500 Depreciation expense ? Common stock dividends paid 2 Interest expense 140 Inventory 1,050 Addition to retained earnings 602 Long-term debt 848 Notes payable 230 Gross plant & equipment 10,260 Retained earnings 3,098 Sales 3,018 Other current liabilities 116 Tax rate 34% Market price per share - year end $ 19.00 Number of shares outstanding 500 million Year 1 414 860 6,662 158 1,150 n.a. n.a. n.a. 1,056 n.a. 766 380 10,000 2,506 96 n.a. $17.50 500 million Net profit = 830.28 a. Calculate Windswept Woodworks' return on equity for year 2. (Round your answer to 2 decimal places.) ROE Calculate the following items for Windswept Woodworks for year 2. (Round your answers to 2 decimal places. b. Profit margin Cash & equivalents Common stock Cost of goods sold Depreciation expense Common stock dividends paid Interest expense Inventory Addition to retained earnings Long-term debt Notes payable Gross plant & equipment Retained earnings Sales Other current liabilities Tax rate Market price per share - year end Number of shares outstanding 260 1,220 1,500 2 2 140 1,050 602 848 230 10,260 3,098 3,018 116 346 $ 19.80 500 million 158 1,150 n.a. n.a. n. a. n.a. 1,056 n.a. 766 380 10,000 2,506 96 $ 17.50 500 million Net profit = 830.28 a. Calculate Windswept Woodworks' return on equity for year 2. (Round your answer to 2 decimal places.) ROE Calculate the following items for Windswept Woodworks for year 2. (Round your answers to 2 decimal places.) b. Profit margin c. Tax burden ratio d. Interest burden ratio e. Asset turnover ratio f. Leverage ratio

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