Accounting Help

The comparative financial statements prepared at December 31, 2012, for Pinnacle Plus showed the following summarized data: * One-half of all sales are on credit During 2012, cash dividends amounting to $6,700 were declared and paid. Required: Compute the gross profit percentage in 2012 and 2011. (Round your answers to 2 decimal places.) Is the trend going in the right direction? Yes No Compute the net profit margin for 2012 and 2011. (Round your answers to 2 decimal places.) Is the trend going in the right direction? Yes No Compute the earnings per share for 2012 and 2011. (Round your answers to 2 decimal places.) Does the trend look good or bad? Bad Good Shareholders' equity totalled $110,000 at the end of 2010. Compute the return on equity (ROE) ratios for 2012 and 2011. (Round your answers to 2 decimal places.) Is the trend going in the right direction? Yes No Net property and equipment totalled $107,000 at the end of 2010. Compute the fixed asset turnover ratios for 2012 and 2011. (Round your answers to 2 decimal places.) Is the trend going in the right direction? Yes No Compute the debt-to-assets ratios for 2012 and 2011. (Round your answers to 2 decimal places.) Is debt providing financing for a larger or smaller proportion of the company's asset growth? Smaller proportion Larger proportion Compute the times interest earned ratios for 2012 and 2011.(Round your answers to 2 decimal places.) Do they look good or bad? Good Bad After Pinnacle Plus released its 2012 financial statements, the company's shares were trading at $36. After the release of its 2011 financial statements, the company's share price was $33 per share. Compute the P/E ratios for both years. (Round your answers to 2 decimal places.) Does it appear that investors have become more (or less) optimistic about Pinnacle's future success? Less optimistic More optimistic