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k. Plant assets to long-term debt. (Round your answers to 2 decimal places.) L Net margin (Round your answers to 2 decimal plFinancial statements for Benson Company follow BENSON COMPANY Balance Sheets As of December 31 2019 Current assets MarketableBENSON COMPANY States of Incand ed Earnings for the years Ended December 31 2019 Sales (net) 28. 112.00 Cost of goods sold Se

Answer questions J through S.

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Year 2019 Year 2018
j. No of times interest earned
Total Revenue $      268,600 $      245,600
Less:
Cost of Goods Sold $   (130,000) $   (112,000)
Selling, general and amin $      (58,000) $      (53,000)
Operating Income (EBIT) a $        80,600 $        80,600
Interest Expense b $          8,900 $          8,100
No of times int earned a/b                 9.06                 9.95
k. Plant assets to long term debt
Plant asset (Plant + Land) a $      299,000 $      279,000
Long term debt b $      157,000 $      152,000
Plant asset to long term debt a/b                 1.90                 1.84
l. Net Margin
Net Income a $        33,700 $        35,500
Sales b $      260,000 $      240,000
Net Margin a/b 12.96% 14.79%
m. Asset Turnover
Net Sale a $      260,000 $      240,000
Total Assets b $      564,800 $      504,800
Asset Turnover a/b                 0.46                 0.48
n. Return on investment
Net Income a $        33,700 $        35,500
Total Assets b $      564,800 $      504,800
Return on investment a/b 5.97% 7.03%
o. Return on Equity
Net Income a $        33,700 $        35,500
Total Equity b $      277,800 $      251,300
Return on Equity a/b 12.13% 14.13%
p. Earning per share
Net Income a $        33,700 $        35,500
No of sahres b            10,000            10,000
Earning per share a/b $             3.37 $             3.55
q Book value per share
Total Equity a $      277,800 $      251,300
No of sahres b            10,000            10,000
Book Value per share a/b $          27.78 $          25.13
r Price Earning ratio
Market Price of share a $          12.80 $          11.90
Earning per share b $             3.37 $             3.55
Price earning ratio a/b $             3.80 $             3.35
s. Dividend yield
Dividend ($4,000/10,000) a $             0.40 $             0.40
Market Price of share b $          12.80 $          11.90
Dividend Yield a/b 3.13% 3.36%
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