please solve all of the subquestions to this question. I have posted the same question before but all my subquestions were not answered. understand that we only get 20 Questions per billing month so it's a request to complete it this time since I have more to post. thanks

3 The comparative financial statements prepared at December 31, 2017, for Pinnacle Plus showed the following summarized data. 2017 2016 10 points Income Statement Sales Revenue Cost of Goods Sold $124,000 $113,000 57,600 53,600 eBook Gross Profit Operating Expenses Interest Expense 66,400 40,200 3,600 59,400 37,200 3,600 Print References Income before Income Tax Expense Income Tax Expense (30%) 22, 600 6,780 18,600 5,580 Net Income $ 15,820 $ 13,020 Balance Sheet Cash Accounts Receivable, Net Inventory Property and equipment, Net $ 47,461 $ 13,740 33,000 39,080 32,000 34,000 87,000 97,000 Total Assets $ 199,461 $183, 740 Accounts Payable Income Tax Payable Note Payable, Long-Term $ 35,781 $ 30,180 460 36,000 36,000 960 Total Liabilities Contributed Capital (9,800 shares) Retained Earningst 72,741 90,000 36, 720 66,640 90,000 27, 100 Total Liabilities and Shareholders' Equity $199,461 $183,740 3 3-a. Compute the earnings per share for 2017 and 2016. (Round your answers to 2 decimal places.) Earnings per Share 10 points 2017 2016 eBook Print References 3-b. Does the trend look good or bad? O Good O 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 3 4.b. Is the trend going in the right direction? 10 points O Yes ONo eBook 5-a. Net property and equipment totalled $102,000 at the end of 2015. Compute the fixed asset turnover ratios for 2017 and 2016 (Round your answers to 2 decimal places.) References Fixed Asset Turnover 2017 2016 5-b. Is the trend going in the right direction? Yes O No 3 6-a. Compute the debt-to-assets ratios for 2017 and 2016. (Round your answers to 2 decimal places.) Debt-to Assets 10 points 2017 2016 eBook Print References 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? O Smaller proportion O Larger proportion 7-a. Compute the times interest earned ratios for 2017 and 2016. (Round your answers to 1 decimal place.) Times Interest Earned 2017 times 2016 times 3 7-b. Does the outcome of ratio in 2017 appears to be good or bad for the company? O Good O Bad 10 points eBook 8-a. After Pinnacle Plus released its 2017 financial statements, the company's shares were trading at $2780. After the release of its 2016 financial statements, the company's share price was $22.70 per share. Compute the P/E ratios for both years. (Round intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 1 decimen Print References Price! Earnings 2017 2016 8-b. Does it appear that investors have become more (or less) optimistic about Pinnacle's future success? More optimistie O Less optimistic