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Use the information in the table below to answer the following questions. Year 1 404...

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Finance

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Use the information in the table below to answer the following questions. Year 1 404 850 6,652 148 1,140 n.a. n.a. Windswept Woodworks, Inc. Input Data (millions of dollars) Year 2 Accounts payable 460 Accounts receivable 1,304 Accumulated depreciation 6,770 Cash & equivalents 248 Common stock 1,208 Cost of goods sold 1,500 Depreciation expense Common stock dividends paid Interest expense 140 Inventory 1,038 Addition to retained earnings 602 Long-term debt 836 Notes payable 230 Gross plant & equipment 10,260 Retained earnings 3,086 Sales 3,018 Other current liabilities 116 Tax rate 348 Market price per share year end $ 19.80 Number of shares outstanding 500 million 1,046 n.a. 756 380 10,000 2,496 n.a. $ 17.50 500 million Net profit = 831.60 a. Calculate Windswept Woodworks' return on equity for year 2. (Round your answer to 2 decimal places.) ROE O Calculate the following items for Windswept Woodworks for year 2. (Round your answers to 2 decimal places.) O b. Profit margin c. Tax burden ratio d. Interest burden ratio e. Asset turnover ratio f. Leverage ratio O O O

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