EXERCISE $14-8.$ Profitability Ratios $[$LO $3]$ Calculate earnings per share, the price$-$earnings

ratio, the gross margin percentage, return on total assets, and return on common stockholders'

equity for $2017$ and $2018.$ There were $100,000$ shares of common stock outstanding at the end of

both $2017$ and $2018.$ The price per share was $$110$ at the end of $2017$ and $$134$ at the end of $2018.$

Can you identify any significant findings or trends when comparing the ratios between years?

What other information would be necessary in order to make a complete assessment of Great

Oaks Furniture's performance?