The income statements for Urban Outfits, Incorporated are presented below: Urban Outfits, Incorporated Income Statements Year Ended December 31 Current Year Sales Revenue $ 770,059 Cost of Goods Sold 380,254 Gross Profit 389,805 Operating and Other Expenses 131,555 Interest Expense 7,100 Income Tax Expense 42,600 Net Income $ 208,550 Prior Year $ 715,985 350, 448 365,537 121,584 13,100 41,500 $ 189, 353 Required: Prepare a horizontal analysis of the income statement above. (Round your percentage answers to 2 decimal places. Enter any decreases with a minus sign.) URBAN OUTFITS, INCORPORATED Income Statements Year Ended December 31 Increase (Decrease) Current Year Prior Year Amount Percent (%) Sales Revenue Cost of Goods Sold $770,059 $ 715,985 380.254 350.448 365.537 Gross Profit Operating and Other Expenses Interest Expense Income Tax Expense Net Income 389.805 131,555 7,100 121,584 13,100 41,500 $ 189,353 42,600 $ 208,550 Campbell Company has net sales revenue of $1,430,000, cost of goods sold of $761,800, and all other expenses of $308,000. The beginning balance of stockholders' equity is $418,000 and the beginning balance of fixed assets is $379,000. The ending balance of stockholders' equity is $618,000 and the ending balance of fixed assets is $407,000. The fixed asset turnover ratio is closest to: Multiple Choice O 3.64 . 0.54 o 1.30 O 1.42 Larabee Company's stock sells for $35 per share. The company has $79 million in earnings and 215 million outstanding shares. The Price/Earnings ratio for the company is closest to: (Do not round intermediate calculations.) Multiple Choice 95.3 0.4 215.0 7.3 Dearborn Company has earnings per share of $1.70, it paid a dividend of $1.00 per share, and the market price of the company's stock is $50 per share. The price/earnings ratio is closest to: (Round your answer to 2 decimal places.) Multiple Choice 71.43 4.00 29.41 1.70. Melrose Manufacturing has net sales revenue of $796,000, cost of goods sold of $351,200, net income of $211,200, and preferred dividends of $18,000 during the current year. At the beginning of the year, 471,000 shares of common stock were outstanding, and, at the end of the year, 553,000 shares of common stock were outstanding. A total of 9,000 preferred shares were outstanding throughout the year. The company's earnings per share for the current year is closest to: Multiple Choice $0.38. O $0.94 () $1.44. $0.87 Kingsbury Manufacturing has net sales revenue of $810,000, cost of goods sold of $343,800, and all other expenses of $327,900. The net profit margin is: Multiple Choice 0.17 o 0.40 O 0.83 0.58 O