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

Tamarisk 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 Tamarisk Inc. operations.

($000 omitted)

2021

2020

2019

2018

2017

Sales revenue $19,990 $15,980 $13,870 $5,940 $3,980
Net income 2,430 1,410 800 690 250
Average total assets 22,150 19,040 11,560 4,180 2,980
Current assets 8,070 6,010 3,000 1,190 1,010
Working capital 3,640 3,180 1,210 500 400
Common shares:
Number of shares outstanding (000) 2,000 2,000 2,000 20 20
Average market price $8 $7 $4

(b) 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 Tamarisk Inc. (Round answers to 2 decimal places, e.g. 2.25 or 2.25%.)

2021

2020

2019

2018

2017

Return on assets % % % % %
Profit margin on sales % % % % %
Earnings per share

$

$

$

$

$

Price-earnings ratio times times times
Current ratio times times times times times

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