The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2017, and (2) as of December 31, 2018, after giving effect to the situation. (Round all answers to 1 decimal places, e.g. 1.8 or 1.8%. If % change is a decrease show the numbers as negative, e.g. -1.83% or (1.83%).)

1.20,000 shares of common stock were sold at par on July 1, 2018. Net income for 2018 was $54,000.

2.All of the notes payable were paid in 2018. All other liabilities remained at the same levels as at December 31, 2018. At December 31, 2018, total assets were $898,000.

3.The market price of common stock was $9 and $12 on December 31, 2017 and 2018, respectively. Net income for 2018 was $54,000.

2018 2017 % Change

Return on common stockholders equity.

% % %

Debt to assets ratio

% % %

Price earnings ratio

times times %