INCOME STATEMENT INFORMATION Sales revenue Cost of goods sold Net income BALANCE SHEET INFORMATION Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity MARKET INFORMATION Stock price Shares Outstanding Required: 1. Calculate the following ratios for 2024: 2024 $ 10,440,000 6,827,760 360,000 $ 1,600,000 2,200,000 $ 3,800,000 $ 1,200,000 1,500,000 800,000 300,000 $ 3,800,000 $ 12.00 278,666 2. Determine the amount of dividends paid to shareholders in 2024. Complete this question by entering your answers in the tabs below. 2023 $ 8,400,000 5,900,000 248,000 $ 1,500,000 1,900,000 $ 3,400,000 $ 900,000 1,500,000 800,000 200,000 $ 3,400,000 $ 10.90 278,666 Required 1 Required 2 Calculate the following ratios for 2024: Note: Do not round your intermediate calculations. Round your answers to 1 decimal place. a. Gross profit ratio b. Return on assets c. Profit margin d. Asset turnover e. Return on equity f. Price-earnings ratio Ratios % % % times %