Calculate the following ratios for 2014 and 2015 when data

Question

The following financial statements apply to Robin Company.

	2015	2014
Revenues
Net sales	210000	175000
Other revenues	4000	5000
Total revenues	214000	180000
Expenses
Cost of goods sold	126000	103000
Selling expenses	21000	19000
General and administrative expenses	11000	10000
Interest expense	3000	3000
Income tax expense	21000	18000
Total expenses	182000	153000
Earnings from continuing operations	32000	27000
before extraordinary items
Extraordinary gain (net of $3,000 tax)	4000	0
Net income	36000	27000
Assets
Current assets
Cash	4000	8000
Marketable securities	1000	1000
Accounts receivable	35000	32000
Inventories	100000	96000
Prepaid expenses	3000	2000
Total current assets	143000	139000
Plant and equipment (net)	105000	105000
Intangibles	20000	0
Total assets	268000	244000
Liabilities and Stockholders' Equity
Liabilities
Current liabilities
Accounts payable	40000	54000
Other	17000	15000
Total current liabilities	57000	69000
Bonds payable	66000	67000
Total liabilities	123000	136000
Stockholders' equity
Common stock (50,000 shares)	115000	115000
Retained earnings	30000	(7,000)
Total stockholders' equity	145000	108000
Total liabilities and stockholders' equity	268000	244000

Required

Calculate the following ratios for 2014 and 2015. When data limitations prohibit computing averages, use year-end balances in your calculations.

a. Net margin. (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

b. Return on investment. (Since 2013 numbers are not presented do not use averages when calculating the ratios for 2014. Instead, use the number presented on the 2014 balance sheet. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

c. Return on equity. (Since 2013 numbers are not presented do not use averages when calculating the ratios for 2014. Instead, use the number presented on the 2014 balance sheet. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).)d. 

Earnings per share. (Round your answers to 2 decimal places.)

e. Price-earnings ratio (market prices at the end of 2014 and 2015 were $5.94 and $4.77, respectively). (Round 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. (Exclude extraordinary income in the calculation as they cannot be expected to recur and, therefore, will not be available to satisfy future interest payments. Round your answers to 2 decimal places.)

h. Working capital.