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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 Year 1 Accounts

Use the information in the table below to answer the following questions.

Windswept Woodworks, Inc.
Input Data
(millions of dollars)
Year 2 Year 1
Accounts payable 508 444
Accounts receivable 1,352 890
Accumulated depreciation 6,818 6,692
Cash & equivalents 296 188
Common stock 1,256 1,180
Cost of goods sold 1,500 n.a.
Depreciation expense ? n.a.
Common stock dividends paid ? n.a.
Interest expense 140 n.a.
Inventory 1,086 1,086
Addition to retained earnings 602 n.a.
Long-term debt 884 796
Notes payable 230 380
Gross plant & equipment 10,260 10,000
Retained earnings 3,134 2,536
Sales 3,018 n.a.
Other current liabilities 116 96
Tax rate 34 % n.a.
Market price per share year end $ 19.80 $ 17.50
Number of shares outstanding 500 million 500 million

Net profit for Year 2 = 826.32

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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