Question: December 31, reported the following summarized information Required: 1. Compute the gross profa percentage in the current and previous years. Are the current-year results better,

 December 31, reported the following summarized information Required: 1. Compute the

December 31, reported the following summarized information Required: 1. Compute the gross profa percentage in 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 theprevious year? 3. Compute the camings per share for the current and previous years. Are the current-yeat results bettec, or worse, than those for the previous year? 4. Stockholders' equity totaled $102000 at the beginning of the previous year. Compute the retum on equity (ROE) ratios for the curtent and previous years, Are the current year results better, or worse, than those for the previous year? 5. Net property and equipment totaled $112,000 at the beginning of the previous year Compute the foxed asset turnover fatios 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 bettet, or worse, than those for the prevous year? 8. Atter Sedona Corporation released its current year's financial statements, the company's stock was trading at 520 . After the release of its previous year's tinancial statements, the company's stock price was $17 per share. Compute the PiE ratios for both years. Does a appear that irivestors have become more for less) optimistic obout Sedona's future success

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