Please solve 1b- Are the current year results better, or worse, than those for the previous year? 2-a.Compute the net profit margin for the current and previous years. (Round your answers to 1 decimal place.) 2-b.Are the current year results better, or worse, than those for the previous year? 3-a. Compute the earnings per share 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 4-a. Stockholders' equity totaled $105,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. (Round your answers to 1 decimal place.) 4-b. Are the current year results better, or worse, than those for the previous year? 5-a. Net property and equipment totaled $115,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. 5-b. Are the current year results better, or worse, than those for the previous year? 6-a. Compute the debt-to-assets ratios for the current and previous years. (Round your answers to 2 decimal places.) 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7-a. Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) 7-b. Are the current year results better, or worse, than those for the previous year? 8-a. After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $23. After the release of its previous year's financial statements, the company's stock price was $20 per share. Compute the P/E ratios for both years. (Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 8-b. Does it appear that investors have become more (or less) optimistic about Pinnacle's future success?

The comparalive finarcia salemenle prepared al December 31 or Pimace Plue showed he falowirg sururaried da: Currenl Yeer Previoue Year Sals Reverue Cos: Grods Sak $136,000 S119,000 Gross Prott Opere ng Expensee Interesl Expense 73,U00 4,500 27,500 37,000 4,500 persc incomr: Tax Expense (30%) B,26 5,850 Nei Inooma 19.250 $ 13,650 Balare Sheel Crsh Accounts Rarnivabka, Ne: Inventor Property ard Equlpment, Net $76,025 S 33,000 17,DD 43,0 o,o 1Co.000 Tolel Assele 5228,025 S203,000 Accounts PRyable Income Tax Paysbe Note Payeble (org-cerm 25 TSU 45,000 Tolal Liabili es Cornmen Stock (par $10) Relaired Earnings 93,125 3,000 80,250 3,000 Total Liahilties and Strckhalders Equity $228,125 20a,n t During the current yeer, ceeh dlvldends amounting to $7,100 were declered and palc Required: 1-8. Compute the gross profrt percentege In the cument nd previous yeer. (Round your anewers to 1 decimal place.) Current Year Previous Year