Pinnacle Plus declared and paid a cash dividend of $$6,600$ 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 $$100,000$ 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 $$110,000$ 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 $$18.$ After the release of its

previous year's financial statements, the company's stock price was $$15$ 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?