The comparative financial statements prepared at December 31, 2017, for Candian Shields Company showed the following summarized data: Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and equipment, Net Total Assets Accounts Payable Income Tax Payable Note Payable, Long-Term Total Liabilities Contributed Capital (9,400 shares) Retained Earningst Total Liabilities and Shareholders' Equity 2017 2016 $118,000 $107,eee 55,200 51,200 62,800 55,800 38,400 35,400 4,800 4,800 19,600 5,880 15,600 4,680 $ 13,720 $ 10,920 $ 62,865 $14,980 45,000 36,000 29,000 46,000 111,000 121,000 $247,865 $217,980 $ 70,165 $ 47,100 1,080 48,000 580 48,000 119,245 95,680 94,000 94,000 34,620 28,300 $247,865 $217,980 One-half of all sales are on credit. During 2017, cash dividends amounting to $7,400 were declared and paid. Required: 1-a. Compute the net profit margin for 2017 and 2016. (Round your answers to 1 decimal place.) Net Profit Margin 2017 2016 % % 1-b. Is the trend going in the right direction? Yes O NO 2-a. Compute the earnings per share for 2017 and 2016. (Round your answers to 2 decimal places.) 2-a. Compute the earnings per share for 2017 and 2016. (Round your answers to 2 decimal places.) 2017 Earnings per Share 2016 2-b. Does the trend look good or bad? Good O Bad 3-a. Compute the debt-to-assets ratios for 2017 and 2016. (Round your answers to 2 decimal places.) 2017 2016 Debt-to- Assets 3-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? Larger proportion Smaller proportion 4-a. Compute the times interest earned ratios for 2017 and 2016. (Round your answers to 1 decimal place.) 2017 2016 Times Interest Earned times times 4-b. Does the outcome of ratio in 2017 appears to be good or bad for the company? O Bad O Good 5-a. After the Company released its 2017 financial statements, the company's shares were trading at $43.00. After the release o 5-a. After the Company released its 2017 financial statements, the company's shares were trading at $43.00. After the release of its 2016 financial statements, the company's share price was $36.50 per share. Compute the P/E ratios for both years. (Round intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 2017 2016 Pricel Earnings 5-b. Does it appear that investors have become more (or less) optimistic about the Company's future success? O More optimistic O Less optimistic