7 Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 5 5-a. Net property and equipment totaled $45,000 at the beginning or 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? 00:51:45 Book 5-a. Fixed Asset Turnover Current Year Previous Year 5-b. Current year fixed asset turnover is: O Better Worse Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 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. Debt-to- Assets Current Year Previous Year 6-b Current year debt-to-assets ratio is: Larger Proportion OSmaller Proportion Saved Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Requirdd 7 Required 8 7-a. Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) 7-b. Are the current year results better, or worse, than those for the previous year? Times Interest 7-a Earned Current Year Previous Year 7-6 Current year times interest eamed ratio is: Better Worse Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 8-a. After Golden released its current year's financial statements, the company's stock was trading at $50. After the release of its previous year's financial statements, the company's stock price was $38 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 Golden's future success? Show less Price/Earnings Ratio Current Year Previous Year 8-b Current year P/E ratio is: More Optimistic Less Optimistic