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Sandhill Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a

Sandhill Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Sandhill Inc. operations.

($000 omitted)

2018

2017

2016

2015

2014

Sales revenue $20,060 $16,110 $13,930 $5,990 $4,020
Net income 2,430 1,400 800 700 250
Average total assets 21,810 19,020 11,560 4,250 3,010
Current assets 7,930 6,030 3,010 1,190 1,000
Working capital 3,620 3,230 1,210 500 400
Common shares:
Number of shares outstanding (000) 2,000 2,000 2,000 20 20
Average market price $10 $7 $4

Compute the return on assets, profit margin on sales, earnings per share, price-earnings ratio, and current ratio for each of the 5 years for Sandhill Inc.

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