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The comparative financial statements prepared at December 31, 2019, for ABC Company showed the following summarized data 2019 2018 $ Income Statement Sales Revenue Cost

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The comparative financial statements prepared at December 31, 2019, for ABC Company showed the following summarized data 2019 2018 $ 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 233,000 $ 134,000 99,000 41,500 4,000 53,500 16,050 37,450 $ 194,000 117,000 77,000 35,500 3,000 38,500 11,550 26,950 Balance Sheet Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets 42,000 $ 21,500 25,000 130,000 218,500 $ 37,500 17,000 23,000 125,000 202,500 $ Accounts Payable $ Income Tax Payable Note Payable, Long-Term Total Liabilities S Contributed Capital (25,000 shares outstanding) 27.950 S 3,600 85,000 116,550 S 25,000 25,000 2,500 100,000 127.500 25,000 Tuna Retained Earnings Total Liabilities and Shareholders' Equity 76,950 218,500 $ 50,000 202,500 Compute the following Profitability Ratios for 2019... (include one decimal place) Earnings per Share = $ per share Fixed-Assets Turnover Ratio = times Gross Profit Percentage = % Net Profit Margin = % Price/Earnings Ratio = times (if the market price is $19/share Return on Equity (ROE) = %

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