Show calculation please

26. A company reported net income of $336,000 for the current year. The year-end market price per common share was $12 and there were 475,000 weighted-average shares of common stock outstanding. Calculate the company's price-earnings ratio. In order to earn partial credit, display your calculations in detail. 27. IMN Company reported sales of $400,000 for Year 1, $450,000 for Year 2, and $500,000 for Year 3. Using Year 1 as the base year, calculate the revenue trend percent for Years 2 and 3. In order to earn partial credit, display your calculation in detail. Page 12 28. A corporation reports the following year-end balance sheet data. Cash $ 40,000 Current liabilities $ 75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings 90,000 Total assets 5 300,000 Total liabilities and equity 3 300,000 Calculate the corporation's current ratio. In order to earn partial credit, display your calculation in detail. Dorm n