Columbia Associates declared and paid a cash dividend of $9,100 in the cuprent year. its comparative financial statements, prepared at December 31, reported the following summarized information: 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 $125,000 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 $135,000 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 Columbia Associates released its current year's financial statements, the company's stock was trading at $43. After the release of its previous year's financial statements, the company's stock price was $40 per share. Compute the PlE ratios for both years. Does it appear that investors have become more (or less) optimistic about Columbia's future success