Year 4 Year 3 Revenues Net sales Other revenues $211,900 8,400 220, 300 $175,700 5,200 180,900 Total revenues Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense Total expenses 125,900 19,500 9,300 3,000 19,500 177,200 $ 43,100 101,500 17,500 8,300 3,000 18,000 148,300 $ 32,600 $ 5,800 1,700 35, 700 100,900 4,000 148,100 106,300 20,700 $275, 100 $ 7,400 1,700 31,100 95,100 3,000 138,300 106,300 0 0 $244,600 Net income Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Plant and equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock (50,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 39,000 15,200 54,200 65,000 119,200 $ 54,200 15, 300 69,500 66,000 135,500 113,200 42,700 155, 900 $275, 100 113,200 (4,100 109,100 $244,600 Year 4 Year 3 20.34% 18.55 % b. % % % % times times times times a. Net margin Return on investment C. Return on equity d. Earnings per share e. Price-earnings ratio f. Book value per share 9 Times interest earned h. Working capital i. Current ratio j. Quick (acid-test) ratio k. Accounts receivable turnover 1. Inventory turnover m. Debt-to-equity ratio n. Debt-to-assets ratio - . times times times times % %