The following financial information is for Oriole Company.

ORIOLE COMPANY Balance Sheets December 31
Assets		2017		2016
Cash		$ 70,000		$ 69,000
Debt investments (short-term)		51,000		40,000
Accounts receivable		107,000		92,000
Inventory		234,000		167,000
Prepaid expenses		26,000		23,000
Land		135,000		135,000
Building and equipment (net)		261,000		184,000
Total assets		$884,000		$710,000
Liabilities and Stockholders Equity
Notes payable		$172,000		$106,000
Accounts payable		66,000		52,000
Accrued liabilities		42,000		42,000
Bonds payable, due 2020		251,000		170,000
Common stock, $10 par		204,000		204,000
Retained earnings		149,000		136,000
Total liabilities and stockholders equity		$884,000		$710,000

ORIOLE COMPANY Income Statements For the Years Ended December 31
		2017		2016
Sales revenue		$882,000		$781,000
Cost of goods sold		641,000		574,000
Gross profit		241,000		207,000
Operating expenses		190,000		160,000
Net income		$ 51,000		$ 47,000

Additional information:

1.		Inventory at the beginning of 2016 was $117,000.
2.		Accounts receivable (net) at the beginning of 2016 were $88,000.
3.		Total assets at the beginning of 2016 were $631,000.
4.		No common stock transactions occurred during 2016 or 2017.
5.		All sales were on account.

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%).)

Situation				Ratio
1.		19,000 shares of common stock were sold at par on July 1, 2018. Net income for 2018 was $55,000.		Return on common stockholders equity
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 $885,000.		Debt to assets ratio
3.		The market price of common stock was $9 and $12 on December 31, 2017 and 2018, respectively. Net income for 2018 was $55,000.		Price-earnings ratio

		2018			2017			% Change
Return on common stockholders equity			%			%			%
Debt to assets ratio			%			%			%
Price earnings ratio			times			times			%