Windswept Woodworks, Incorporated
Input Data
(millions of dollars)
	Year 2		Year 1
Accounts payable	602		534
Accounts receivable	1,446		980
Accumulated depreciation	6,912		6,782
Cash & equivalents	390		278
Common stock	1,350		1,270
Cost of goods sold	1,570		n.a.
Depreciation expense	?		n.a.
Common stock dividends paid	?		n.a.
Interest expense	210		n.a.
Inventory	1,180		1,176
Addition to retained earnings	602		n.a.
Long-term debt	978		886
Notes payable	300		450
Gross plant & equipment	10,540		10,280
Retained earnings	3,228		2,626
Sales	3,088		n.a.
Other current liabilities	186		166
Tax rate	21%		n.a.
Market price per share year end	$ 25.80		$ 23.50
Number of shares outstanding	500	million	500	million

Net profit = 930.62

Required:

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 ________________