600 Sedona Corporation declared and paid a cash dividend of $6,800 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Current Year Previous Year Incone Statenent Sales Revenue $ 120,000 $ 107,000 Cost of Goods Sold 56,000 52,000 Gross Profit 64,000 55,000 Operating Expenses 38,000 34,600 Interest Expense 4,200 4,200 Income before Income Tax Expense 21,800 16,200 Income Tax Expense (384) 6,540 4,860 Net Income $ 15,260 $ 11,340 Balance Sheet Cash $ 72,110 $ 35,000 Accounts Receivable, Net 19,000 14,000 Inventory 27,880 40,000 Property and Equipnent, Net 97,000 107.000 Total Assets $ 215, 110 $ 197,000 Accounts Payable $ 44,000 $ 34,800 Income Tax Payable 1,850 Notes Payable (long-tern) 42,000 42,000 Total Liabilities 87,050 77,400 Common Stock (par $10) 91,200 91,200 Retained Earnings 36,860 28,400 Total Libilities and Stockholders' Equity $ 215,119 $ 197,000 Required: 1. Compute the gross profit percentage in the current and previous years. Are the current year results better, or worse than those for thb previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse than those for the previous year? 3. Compute the earnings per share for the current and previous years, Are the current-year results better, or worse than those for the previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does it appear that investors have become more or less) optimistic about Sedona's future success? Total Liabilities and Stockholders' Equity 5 215, 110 $ 197,00 Required: 1. Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse than those the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse, than those for previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for current and previous years. Are the current-year results better, or worse, than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportio the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than th for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the rele of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. D It appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 Required 7 Required 8 1-a. Compute the gross profit percentage in the current and previous years. (Round percentage values to 1 decimal place.) 1-b. Are the current-year results better, or worse, than those for the previous year? 1-a. Current Year 1-a. Previous Year 1-6. Current year gross profit percentago? Red Required 2 > $ 215, 118 $ 197,00 Total Liabilities and Stockholders' Equity Required: 1. Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse than those for the previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does It appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required 1 Requiled 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 2-a. Compute the net profit margin for the current and previous years. (Round percentage values to 1 decimal place.) 2-b. Are the current-year res better, or worse, than those for the previous year? 2-a. Current Year 2-a. Previous Year 2-b. Current year net profit margin? % Total Liabilities and Stockholders' Equity $ 215, 110 5 197,00 Required: 1. Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse than those for the previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratlos for the current and previous years. Are the current-year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does it appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required Required a 3-a. Compute the earnings per share for the current and previous years. (Round your answers to 2 decimal places.) 3-b. Are the current-year results better, or worse, than those for the previous year? 3-a. Current Your 3.a. Previous Year 3-b. Current year EPS? Total Liabilities and Stockholders' Equity $ 215, 216 $ 197,000 Required: 1. Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does It appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Regpired 4 Required 5 Required 6 Required 7 Required 8 4-a. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. (Round percentage values to 1 decimal place.) 4-b. Are the current-year results better, or worse, than those for the previous year? 4-a, Current Year % 4-a. Previous Year 4.6. Current year return on equity ratio? % Required: 1. Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse than those for the previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year Compute the return on equity (ROE) ratios for the current and previous years. Are the current year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does it appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Recured Required 6 Required 2 Required 8 S-a. Net property and equipment totaled $112,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. (Round your answers to 2 decimal places.) 5-b. Are the current-year results better, or worse, than those for the previous year? 5-a. Current Year 5-a. Previous Year 5-6. Current year fixed asset tumover? Required: 1. Compute the gross profit percentage in the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 4. Stockholders' equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year, Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does it appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required Required Readered 6 Required ? Required 6-a. Compute the debt-to-assets ratios for the current and previous years. (Round your answers to 2 decimal places.) 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 6-a. Current Year 6-a Previous Year 6-b. Current year debt-to-assets ratio? Required: 1. Compute the gross profit percentage in the current and previous years. Are the current year results better, or worse than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse than those for the previous year? 4. Stockholders equity totaled $102,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current year results better, or worse than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse than those for the previous year? 8. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. Does It appear that investors have become more or less) optimistic about Sedona's future success? Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Required 5 Required 6 Required Required 8 8-a. After Sedona Corporation released its current year's financial statements, the company's stock was trading at $20. After the release of its previous year's financial statements, the company's stock price was $17 per share. Compute the P/E ratios for both years. (Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 8-b. Does it appear that investors have become more or less) optimistic about Sedona's future success? Show less B-a. Current Year 8-a. Previous Year 8-b. Current year P/E ratio?