Question
compute for BOTH the current and previous years: gross profit percentage net profit margin earnings per share return on equity (stockholders equity totaled $112,000 at
compute for BOTH the current and previous years:
gross profit percentage
net profit margin
earnings per share
return on equity (stockholders equity totaled $112,000 at the beginning of the previous year.
fixed asset turnover ratios (net property and equipment totaled $122,000 at the beginning of the previous year)
debt to asset ratios
times interest earned ratios
P/E ratios ( after the company released its current years financial statements, the company's stock was trading at $30. after the release of the previous years financial statements, the company's stock price was $27 a share. )
please show how you do each one.
ed the following The comparative financial statements prepared at December 31 for Pinnacle P Current Year Previou Year Income Statement $147,000 Sales Revenue $170.000 76,000 Cost of Goods Sold 72,000 75,000 94,000 Gross Prof 48,000 42.600 Operating Expenses 6200 5.200 Interest Expense 40 800 27,200 Income before Income Tax Expense Income Tax Expense (30%) 2.240 8,160 19,040 28,560 Net Income Balance Sheet 85,160 26,000 29.000 24,000 Accounts Receivable, Net 37.000 50,000 nventory 117,000 Property and Equipment, Net 107 000 $258.160 $217,000 Total Assets Accounts Payable 54.000 33,800 Income Tax Payable 1,100 Note Payable (long-term) 52,000 52.000 07.300 86.900 Total Liabi 97.200 97.200 Common Stock (par $10) Retained Earnings 53 660 32.900 Total Liabilities and Stockholders' Equity $258,160 $217 000 During the current yea cash dividends amounting to S7,800 were declared and paid Required 1-a. Compute the gross profit percentage in the current and previous years, (Round your answers to 1 decimal place.) Gross Profit Current Year 55.3 Previous Year
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