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URGENT NEED HELP ASAP Canyon Outfitters declared and paid $5,500 of cash dividends during the current year ended December 31 . its financial statements also

URGENT NEED HELP ASAP
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Canyon Outfitters declared and paid $5,500 of cash dividends during the current year ended December 31 . its financial statements also reported the foltowing summarized data: Required: 1. Compute the gross profit percentage for the current and previous years. Ave the current-year rosuits better, or worse, than those for the previous year? Required: 1. Compute the gross profit percentage for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 2. Compute the net profit margin for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse, than those for the previous year? TIP: To calculate EPS, use the balance in Common Stock to determine the number of shares outstanding. Common Stock equals the par value per share times the number of shares. 4. Stockholders' equity totaled $45,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 5. Net property and equipment totaled $47,500 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 6. Compute the debt-to-assets ratios for the current and previous years. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 7. Compute the times interest earned ratios for the current and previous years. Are the current-year results better, or worse, than those for the previous year? 8. After Canyon released its current year's financial statements, the company's stock was trading at $55. After the release of its previous year's financial statements, the company's stock price was $39 per share. Compute the P/E ratios for both years. Does it appear that investors have become more (or less) optimistic about Canyon's future succoss? Complete this question by entering your answers in the tabs below. 1-a. Compute the gross profit percentage for the current and previous years. (Round percentage values to 1 decimal place 1-b. Are the current-year results better, or worse, than those for the previous year? appear that investors have become more (or less) optimistic about Canyon's future success? Complete this question by entering your answers in the tabs below. 2-a. Compute the net profit margin for the current and previous years. (Round percentage values to 1 2-b. Are the current-year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 3-a. Compute the earnings per share for the current and previous years. TIP: To calculate EPS, use the balance in Common Stock to determine the number of shares outstanding. Common Stock equals the par value per share times the number of shares. (Round your answers to 2 decimal places.) 3-b. Are the current-year results better, or worse, than those for the previous year? appear that investors have become more (or less) optimistic about Canyon's future success? Complete this question by entering your answers in the tabs below. 4-a. Stockholders' equity totaled $45,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. (Round percentage values to 1 decimal place.) current and previous ycars. (Round percentage values to 1 decimal place.) appear that investors have become more (or less) optimistic about Canyon's future success? Complete this question by entering your answers in the tabs below. 5-a. Net property and equipment totaled $47,500 at the beginning of the previous year. Compute the fixed asset tumover ratios for the current and previous years. (Round your answers to 2 decimal places.) r-b. Are the current-year results better, or worse, than those for the previous year? appear that investors have become more (or less) optimistic about Canyon's future success? Complete this question by entering your answers in the tabs below. 6-a. Compute the debt-to-assets ratios for the current and previous years. (Round your answers to 2 decimal places.) 6.-. Te rebt providing financing for a larger or smaller proportion of the company's asset growth? appear that investors have become more (or less) optimistic about Canyon's future success? Complete this question by entering your answers in the tabs below. 7-a. Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) 7-b. Are the current-year results better, or worse, than those for the previous year? appear that investors have become more (or less) optimistic about Canyon's future success? Complete this question by entering your answers in the tabs below. 8-a. After Canyon released its current year's financial statements, the company's stock was trading at $55. After the release of its previous year's financial statements, the company's stock price was $39 per share. Compute the P/E ratios for both years. (Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 8-b. Does it appear that investors have become more (or less) optimistic about Canyon's future success? Show lessa

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