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asap please answer all part thanks please answer all part not one 2017 2016 Income Statement Sales Revenue Cost of Goods Sold $111.000 $100,000 52,400
asap please answer all part thanks please answer all part not one
2017 2016 Income Statement Sales Revenue Cost of Goods Sold $111.000 $100,000 52,400 48,400 Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) 58,600 51,600 36,300 33,300 4,100 4,100 13,200 12200 5,460 4.260 112,740 5 4,940 Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and equipment, Net Total Assets 5 53,666 5 15,900 35,000 12,500 25,500 19.000 97.000 107.000 $214,166 5194,40 $ 48,016 $ 34,870 1,010 510 41.000 41.000 Accounts Payable Income Tax Payable Note Payable, Long Tere Total Liabilities Contributed Capital (9,050 shares) Katained Earnings Total Liabilities and shareholders touity 90,024 76,00 90, 500 50.500 33,640 27,500 $214,166 $154,480 Chemy w 4.6. Shareholders' equity totalled $100.000 at the end of 2015. Compute the return on equity ROEratos for 2017 and 2016 Round your answers to 1 decimal place.) turn on Equity 2017 2016 4.b. is the trend going in the right direction Yes NO 5-a. Net property and equipment totalled $112.000 at the end of 2015. Compute the lived asset turnover ratios for 2017 and 2016 (Round your answers to 2 decimal pinces.) Fixed Asset Turnover 2017 2010 5-b. Is the trend going in the right direction? O No Yes 6-o. Compute the debt to assets ratios for 2017 and 2016. (Round your answers to 2 decimal places.) Debt-to- Assets 2017 2010 6-bis debt providing financing for a larger or smaller proportion of the company's asset growth Smaller proportion Larger proportion 7-a. Compute the times interest earned ratios for 2017 and 2016. (Round your answers to 1 decimal place.) 2017 Times Interest Earned times times 2016 7-b. Does the outcome of ratlo in 2017 appears to be good or bad for the company? O Good Bad 8-a. After Pinnacle Plus released its 2017 financial statements, the company's shares were trading at $34.20. After the release of its 2016 financial statements, the company's share price was $28.30 per share. Compute the P/E ratios for both years. (Round Intermediate calculations to 2 decimal places and final answers to 1 decimal place.) Pricel Earnings 2017 2016 B-b. Does it appear that investors have become more for less optimistic about Pinnacle's future success? More optimistic Less optimistic Step by Step Solution
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