Required Calculate the following ratios for Year 4 and Year 3. Since Year 2 numbers are not presented do not use averages when calculating the ratios for Year 3. Instead, use the number presented on the Year 3 balance sheet. a. Working capital. b. Current ratio. (Round your answers to 2 decimal places.) c. Quick ratio. (Round your answers to 2 decimal places.) d. Receivables turnover (beginning receivables at January 1, Year 3, were $47,000). (Round your answers to 2 decimal places.) e. Average days to collect accounts receivable. (Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.) f. Inventory turnover (beginning inventory at January 1, Year 3, was $140,000). (Round your answers to 2 decimal places.) g. Number of days to sell inventory. (Use 365 days in a year. Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole number.) h. Debt-to-assets ratio. (Round your answers to the nearest whole percent.) i. Debt-to-equity ratio. (Round your answers to 2 decimal places.) j. Number of times interest was earned. (Round your answers to 2 decimal places.) k. Plant assets to long-term debt. (Round your answers to 2 decimal places.) I. Net margin. (Round your answers to 2 decimal places.) m. Turnover of assets (average total assets in Year 3 is $540,000). (Round your answers to 2 decimal places.) n. Return on investment (average total assets in Year 3 is $540,000). (Round your answers to 2 decimal places.) o. Return on equity (average stockholders' equity in Year 3 is $292,000). (Round your answers to 2 decimal places.) p. Earnings per share (total shares outstanding is unchanged). (Round your answers to 2 decimal places.) q. Book value per share of common stock. (Round your answers to 2 decimal places.) r. Price-earnings ratio (market price per share: Year 3, $11.75; Year 4, $12.50). (Round your intermediate calculations and final answer to 2 decimal places.) s. Dividend yield on common stock. (Round your answers to 2 decimal places.) Year 4 Year 3 a. Working capital b. Current ratio c. Quick ratio Receivables turnover (beginning receivables at January 1, Year 3, were $47,000) $ 122,200 1.80 $ 120,000 1.99 times times |days d. e. Average days to collect accounts receivable days f. Inventory turnover (beginning inventory at January 1, Year 3, was $140,000) times times g. Number of days to sell inventory days days h. Debt-to-assets ratio i. Debt-to-equity ratio j. Number of times interest was earned k. Plant assets to long-term debt 1. Net margin m. Turnover of assets (average total assets in Year 3 is $540,000) % % times times % % n. Return on investment (average total assets in Year 3 is $540,000) % % o. Return on equity (average stockholders' equity in Year 3 is $292,000) % % p. Earnings per share (total shares outstanding is unchanged) per share per share q. Book value per share of common stock r. Price-earnings ratio (market price per share: Year 3, $11.75; Year 4, $12.50) per share per share S. Dividend yield on common stock % %