Following are the financial statements for Kooper Co.: Kooper Co. Income Statement For the Year Ended December 31, Year 1 Revenues: Net sales $383,000 Less: Cost of goods sold 121,700 Gross margin $261,300 Less: Operating expenses Selling expenses Administrative expenses $41,500 56,500 Interest expense 12,000 Total expenses 110,000 Net Income 5151,300 Kooper Co. Balance Sheet At December 31, Year 1 Assets Current assets: Cash $53,000 64,300 Accounts receivable Marketable securities 10,500 93,250 Inventory Total current assets $221,050 Property, plant, and equipment: Store equipment Less accumulated depreciation $325,000 162,100 $162.900 $149,750 72,750 27,000 Office equipment Less accumulated depreciation Total property, plant, and equipment 239.900 $460.950 Total assets Liabilities Current liabilities: Accounts payable $97,200 Accounts payable $97,200 Salaries payable 28,700 Total current liabilities $125,900 Long-term liabilities: Note payable 154,000 Total liabilities $279,900 Stockholders' Equity Total stockholders' equity 181,050 Total liabilities and equity $460,950 There were 30,000 shares of common stock outstanding throughout Year 1. Dividends on common stock amounted to $21,000, and dividends on preferred stock amounted to $30,000. The market value of a share of common stock was $36 at the end of Year 1. The income tax rate is 40%. The accounts receivable and Inventory accounts had beginning balances of $58,500 and $101,400, respectively. Total assets at the beginning of the Year were $430,500. Required: Calculate the following ratios. Round your answers to two decimal places and use the same in subsequent calculations. A. Return on sales % B. Return on total assets 96 C. Earnings per share D. Price-earnings ratio