please do it asap ..and in the same format..thankyou
The comparative financial statements prepared at December 31, 2017 for Pinnacle Plus showed the following summarized data: 2017 2016 Income Statement Sales Revenue Cost of Goods Sold $129,00 $110,000 59,6ee 55,600 69,400 41,700 3,100 62,400 38,700 3,100 24,600 7,388 20,600 6,180 Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (3) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and equipment, Net $ 17,220 $ 14,420 $ 49,537 $ 16,990 28. eee 41,5ee 34,5ee 29, eee 77,000 87, eee Total Assets $189,037 $174, 498 Total Assets $189,837 $174,498 $ 26,507 $ 23,980 910 410 31,00 31,000 Accounts Payable Income Tax Payable Note Payable, Long-Term Total Liabilities Contributed Capital (9,250 shares) Retained Earningst Total Liabilities and Shareholders' Equity 58,417 92,5ee 38,120 55,390 92,500 26,600 $189,037 $174,490 *One-half of all sales are on credit touring 2017, cash dividends amounting to $5,700 were declared and paid. Required: 1-a. Compute the gross profit percentage in 2017 and 2016. (Round your answers to 1 decimal place.) Gross Profit Percentage 04 Drou 2 Noy Check my touring 2017, cash dividends amounting to $5,700 were declared and paid Required: 1-a. Compute the gross profit percentage in 2017 and 2016. (Round your answers to 1 decimal place.) Gross Profit Percentage 2017 2016 1-b. Is the trend going in the right direction? NO Yes 1-b. Is the trend going in the right direction? No Yes 2-a. Compute the net profit margin for 2017 and 2016. (Round your answers to 1 decimal place.) Net Profit Margin 2017 2016 96 2-b. Is the trend going in the right direction? No Yes 3-a. Compute the earnings per share for 2017 and 2016. (Round your answers to 2 decimal places.) Earnings per Share 2017 2016 Check my v 3-b. Does the trend look good or bad? 4 Good Bad 4-a. Shareholders' equity totalled $100,000 at the end of 2015. Compute the return on equity (ROE) ratios for 2017 and 2016. (Round your answers to 1 decimal place.) Return on Equity 2017 2016 4-b. is the trend going in the night direction? Check my work NO Yes 5-a. Net property and equipment totalled $92,000 at the end of 2015. Compute the fixed asset turnover ratios for 2017 and 2016 (Round your answers to 2 decimal places) Fixed Asset Turnover 2017 2016 5-b. is the trend going in the nignt direction? Check my NO Yes 6-a. Compute the debt-to-assets ratios for 2017 and 2016, (Round your answers to 2 decimal places.) Debt-to- Assets 2017 2016 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? Che 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? Smaller proportion Larger proportion 7-a. Compute the times interest earned ratios for 2017 and 2016. (Round your answers to 1 decimal place.) 2017 2016 Times Interest Earned times times 7-b. Does the outcome of ratio in 2017 appears to be good or bad for the company? Bad Good 8-a. After Pinnacle Plus released its 2017 financial statements, the company's shares were trading at $2150. After the release of its 2016 financial statements, the company's share price was $19.00 per share Compute the P/E ratios for both years (Round Intermediate calculations to 2 decimal places and final answers to 1 decimal place.) Prion Earings 2017 2016 why work 3-a. Aner Pinnacle Fus released its 2017 Financial statements, the company's snares were waaing BIDU Anter the release or its 2016 financial statements, the company's share price was $19.00 per share Compute the P/E ratios for both years. (Round Intermediate calculations to 2 decimal places and final answers to 1 decimal place.) Price/ Earnings 2017 2016 8-b. Does it appear that investors have become more or less) optimistic about Pinnacle's future success? More optimistic Less optimistic
