Use your spreadsheet to recalculate the ratios and enter your results here:

Note: Round your answers to 2 decimal places.

Revise your calculations based the new information provided below and then answer the questions that follow. \begin{tabular}{lr} & Current \\ Net sales & $ \\ Cost of goods sold & 390,000 \\ Operating expenses & 222,500 \\ Interest expense & 58,000 \\ Income tax expense & 11,800 \\ Net income & 23,600 \\ Stock price & 74,100 \\ \hline Average shares outstanding & 11,800 \end{tabular} Required: 1. Use your spreadsheet to recalculate the ratios and enter your results here: Note: Round your answers to 2 decimal places