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 $ 54,800 $ 44,000 24,000 29,000 84,800 64,000 173,800 139,000 $335,800 $276,000 Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total liabilities and stockholders' equity Current Previous $ 64,000 $ 54,000 88,000 78,000 152,000 132,000 183,800 144,000 $335,800 $276,000 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Net income Current $320,000 205,000 44,000 10,400 20,800 $ 39,800 Stock price Average shares outstanding $ 44.00 10,400 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 Earnings per share: Price-eamings ratio: times %