Swank Clothiers had sales of $375,000 and cost of goods sold of $246,000. a. What is the gross profit margin (ratio of gross profit to sales)? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Gross profit margin % b. If the average firm in the clothing industry had a gross profit of 30 percent, how is the firm doing? The firm is Frantic Fast Foods had earnings after taxes of $810,000 in 20X1 with 390,000 shares outstanding. On January 1, 20X2, the firm issued 50,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 25 percent. a. Compute earnings per share for the year 20X1. (Round your answer to 2 decimal places.) Earnings per share b. Compute earnings per share for the year 20X2. (Round your answer to 2 decimal places.) Earnings per share The Holtzman Corporation has assets of $414,000, current liabilities of $72,000, and long-term liabilities of $134,000. There is $32,600 in preferred stock outstanding; 20,000 shares of common stock have been issued. a. Compute book value (net worth) per share. (Round your answer to 2 decimal places.) Book value per share b. If there is $34,400 in earnings available to common stockholders, and Holtzman's stock has a P/E of 16 times earnings per share, what is the current price of the stock? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Current price c. What is the ratio of market value per share to book value per share? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Market value to book value times