Revise your calculations based the new information provided below and then answer the questions that follow. Cash Accounts receivable Inventory Long-term assets Total assets Current Previous $ 52,000 $ 42,000 22,000 27,000 82,000 62,000 166,900 137,000 $322,900 $268,000 Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total liabilities and stockholders' equity Current $ 62,000 84,000 146,000 176,900 $322,900 Previous $ 52,000 74 , . 126,000 142,000 $ 268,000 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Net income Current $310,000 202,500 42,000 10,200 20,400 $ 34,900 Stock price Average shares outstanding $ 42.00 10,200 Required: 1. Use your spreadsheet to recalculate the ratios and enter your results here: (Round your answers to 2 decimal places.) % % % Ratio: Gross profit ratio: Return on assets: Profit margin: Asset turnover: Return on equity: Earings per share: Price-earings ratio times %