- Assume a national corporation has a net income of $1.13 million and 138,000 shares of common stock. Currently, the stock is on the market for $24.00. Compute the earnings per share and the price/earnings ratio.

-Sales for a firm are $533,000, cost of goods sold are $401,000, and interest expenses are $15,000. What is the gross profit margin

-What is a firm's debt ratio if its total assets are $135,000, equity is $30,000, current liabilities are $24,000, and total liabilities are $105,000?