Pinnacle Plus declared and paid a cash dividend of $8,000 in the current year its comparative financial statements, prepared at December 31, reported the following summarized information Current Year Previous Year $155,000 79,000 44,200 20.000 $150,000 30,00 10,000 50,000 3.600 46,680 130 531,220 5.400 23,403 3.120 520, 500 Income Stat Sales Reven Cost of Goods Sold Gross Profit Operating Expenses Interest Ince before come Tax Expense Toc Tax Expense ) Net Inco Balance Sheet Cach Accounts lecetail, tint Entor Property and peent, ut Total Assets Accounts Payable Incotas Payable Het le long ters) Tutal Liabilities Common Stock (part 510) tained Earnings Total Latities and Stockholders' Equity 5.07,770 31,000 19.000 10.000 $206,770 3560 1.se 54.000 $ 24,000 26, 52.000 119.00 $221.00 3.600 1.200 54,800 33.000 38,400 3.2.000 $225,00 95,00 20 $266770 Required: 4 Total Assets Acable Inc Tax wybie te (cor) Total Liabilities Conte) Wetanet Earning Total Libilities and Stockholders' Equity 1 $24. 16. 1,350 54.00 111,350 90,000 57020 5266.770 5221,000 1,00 1,200 54, 1,00 50.000 1225,000 we Required: 1. 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? 2. Compute the net profit margen for the current and previous years. Are the current year results better, or worse than those for the previous year? 3. Compute the comings per share for the current and previous years. Are the current year results better, or worse than those for the previous year? 4. Stockholders equity totaled 5114.000 at the beginning of the previous year Compute the return on equity Oratios for the Current and previous years. Are the current year results better or worse than those for the previous year? 5. Net property and equipment tooled $124.000 at the beginning of the previous year Compute the ed asset turnover ratios for the current and previous years Are the current year results better or worse than those for the previous year? 6. Compute the debt toodets ratios for the current and previous yosis debt providing financing for a larger or smaller proportion of the company's osser growth? Compute the times interest earned ratios for the current and previous years. Are the current your results better, or worse than those for the previous year? 8. After Pinnacle Plus released its current year's financial statements, the company stock was trading at $32. After the recese of its previous year's financial statements, the company's stock price was 529 per share Compute the Period for both years. Does it appear that investors have become more or less optimistic about Pinnacle future success Complete this question by entering your answers in the tabs below. for the previous year? 8. After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $32. After the release of its previous year's financial statements, the company's stock price was $29 per share Compute the P/E ratios for both yoors. Does it appear that investors have become more or less optimistic about Pinnacle's future success? Complete this question by entering your answers in the tabs below. Recured Regard 2 Required Required 4 Required Required Required Required 1- Compute the gross profit percentage in the current and previous years. (Round your answers to 1 decimal place.) 1-b. Are the current year results better, or worse, than those for the previous year? Gross Profit Percentage 10 Current Year Previous Year 1 Current ye gross pralt percentage? Olemer worse Required 2 > 00 7. Compute the times interest earned ratios for the current and previous y Are the current you w for the previous year? 8. After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $32. After the release of its previous year's financial statements, the company's stock price was $29 per share. Compute the P/E ratios for both years Does it appear that westors have become more or less optimistic about Pinnacle's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 Required Required 2-a. Compute the required 2 in for the current and previous years. (Round your answers to 1 decimal place) 3. Are the current year results better, or worse than those for the previous ye? 2- Net Profit Margin Current Year Prose 2. Current year net profit margt? Better Wisse Required 1 Required 3 > for the previous year? 8. Aner Pinnacle Plus released its current year's financial statements, the company's stock was trading at $32. After the release of its previous year's financial statements, the company's stock price was $29 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Regured Required 4 Required 5 Required Required 7 Required B Compute the warnings per stare for the current and previous years. (Round your answers to 2 decimal places) 3-b. Are the current year results better, or worse than those for the previous year? Earnings per Current Year Previous Year 36 Current year EPS? Bette Worse w 7. Compute the times interest earned ratios for the current and previous years. Are the current your results better, or worse than thom for the previous year? 8. After Pinnacle Plus released its current year's Financial statements, the company's stock was trading at $32. Ater the rest previous year's financial statements. The company's stock price was $29 per share. Compute the P/Erotios for both years. Does appear that investors have become more for less optimistic about Pinnacle's future success? Complete this question by entering your answers in the tabs below. Required Required 2 Regured Rob Required Recured Required Hequired 4- Stockholms equity totaled 5114,000 at the beginning of the previous year. Compute the return on equity (Roratios for the current and previous years. (Round your awers to decimal place) 4 h. Are the current year results better, or worse than those for the previous year? Return on Equity Curre Previous Year 4 yearum equity ratio? Better Wome 7. Compute the times interesteamed ratios for the current and previous years. Are the current year results better or wore than those for the previous year 8. After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $32. After the ease of previous year's financial statements, the company's stock price was $29 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? Complete this question by entering your answers in the tabs below. Hences Required Red 2 Required a Required 4 Required 5 Required Required Required 5-a. Ne property and equipment totaled $124,000 at the beginning of the previous year. Compute the fixed asset tumover ration for the current and previous years. (Round your answers to 3 decimal places) 5. Are the current year results better, or worse than those for the previous year? Fived Asset Turnover Current Year Previous Yes 5. Current years asset tumaver? setter Worse Required Required > pont Current and previous years Are the current year results better or worse than those for the previous year 6. Compute the debt-to-assets ratios for the current and previous yours is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest eamed ratios for the current and previous years Are the current year results better or worse than those for the previous year? 8. Aner Pinnacle Plus released its current year's financial statements, the company's stock was trading at $32. After the race of its previous year's financial statements, the company's stock price was $29 per Share Compute the P/Embos for both yeurs Does appear that investors have become more or less) optimistic about Pinnacle's future success? Pem Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Required Recured Required Required 6- Compute the debt-to-assets ratios for the current and previous years. (Round your answer to 2 decimale) 6-bis debit providing financing for a larger or smaller proportion of the company's asset growth Debt-to-Assets Current Year Previous Year 6- Current year debt-to-user? Large Portion Small Proportion