Question: The following financial statement information for Tronics Inc. is available: The following information relates to the firm's common stock for the same period: Instructions: 1.

The following financial statement information for Tronics Inc. is available:

The following information relates to the firm's common stock for the same period:

Instructions:
1. For each year compute
(a) Gross profit percentage.
(b) Return on sales.
(c) Price-earnings ratio.
2. Do you notice any significant trends as a result of this analysis?

(In thousands) 2013 2012 2011 Sales 6,041 $5,872 $5,324 3,202 1,991 2,877 2,396 1,7791,578 165 280 2013 2012 2011 .000 1000 813 $12.25 $15.32 1,000 Shares outstanding Market value per share at yearend 1,000

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1 2013 2012 2011 a Gross profit percentage 470 510 550 b Return on sales 113 169 201 ... View full answer

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