Pinnacle Plus declared and paid a cash dividend of $$9,000$ in the current year. Its comparative financial statements, prepared at

December $31,$ reported the following summarized information:

Required:

Compute the gross profit percentage in the current and previous years. Are the current year results better, or worse, than those for

the previous year?

Compute the net profit margin for the current and previous years. Are the current year results better, or worse, than those for the

previous year?

Compute the earnings per share for the current and previous years. Are the current year results better, or worse, than those for the

previous year?

Stockholders' equity totaled $$124,000$ at the beginning of the previous year. Compute the return on equity $($ROE$)$ ratios for the

current and previous years. Are the current year results better, or worse, than those for the previous year?

Net property and equipment totaled $$134,000$ at the beginning of the previous year. Compute the fixed asset turnover ratios for the

current and previous years. Are the current year results better, or worse, than those for the previous year?

Compute the debt$-$to$-$assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of

the company's asset growth?

Compute the times interest earned ratios for the current and previous years. Are the current year results better, or worse, than those

for the previous year?

After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $$42.$ After the release of its

previous year's financial statements, the company's stock price was $$39$ per share. Compute the P$/$E ratios for both years. Does it

appear that investors have become more $($or less$)$ optimistic about Pinnacle's future success?