Ducat Company has $2,000$ outstanding shares and a Price$/$Earnings $($P$/$E$)$ ratio of $$11\mathrm{.}4.$ During the year Ducat had sales for $$241750$ that include a $30\%$ mark up$.$ Assume a $365$ day year. Required $1$: If both earnings per share and share price double next year, by how much will the P$/$E ratio change? Required $2$: If the market price of each outstanding common share is $$100,$ determine the Net Income of the period. $ Required $3$: Ducat's Gross profit percentage is $($report it as multiplied by $100$ to represent it as a percentage$)$: Required $4$: If the market price of each outstanding common share is $$100,$ Ducat's Return on Sales is $($report it as multiplied by $100$ to represent it as a percentage$)$: Required $5$: If the market price of each outstanding common share is $$100,$ determine the Earnings Per Share. $ Solve these with explanations please