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Strider Outfitters declared and paid a cash dividend of $7,300 in the current year. its comparative financial statements, prepared at December 31, reported the following surnmarized information Current Year Previous Year $ 145,000 66,000 79,000 43,000 4200 31,300 9.390 5 21,910 $ 127,000 62,000 65,000 38,600 14.700 21/700 6510 5.15.190 Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Incone before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income Tax Payable Notes Payable long ters) Total abilities Connon Stock par 510) Retained Eachings Total tobilities and Stockholders' Equity 5 78.635 24.000 32,000 102.00 5 236,635 $49.000 1.15 42.000 97.175 94,200 45,298 $ 230,00 531000 19.ece 145.000 112.000 5207.000 $ 34,309 550 47.000 32.150 200 3065 57.000 Required: 1. Compute the gross profit 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 the previous year? 3. Compute the earnings per share for the current and previous years. Are the current-year results better, or worse than those for the previous year? 4. Stockholders equity totaled $107000 at the beginning of the previous year, Compute the return on equity (ROE) ratios for the current and previous years. Are the current year results better or worse than those for the previous year? 5. Net property and equipment totaled $117.000 at the beginning of the previous year. Compute the fixed asset turnover ratios 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 better, or worse than those for the previous year? 8. After Sinder Outfitters released its current year's financial statements, the company's stock was trading at $25. After the release of its previous year's financial statements, the company's stock price was 522 per share. Compute the PlE ratios for both years Does it appear that investors have become more or less) optimistic about Strider's future success? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 3-a. Compute the earnings per share for the current and previous years. (Round your answers to 2 decimal places.) 3-b. Are the current-year results better, or worse, than those for the previous year? 3-a. Current Year 3-a. Previous Year 3-6. Current year EPS? v . . Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 4-a. Stockholders' equity totaled $107,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. (Round percentage values to I decimal place.) 4-b. Are the current-year results better, or worse, than those for the previous year? 96 4-a Current Year 4-a. Previous Year 4-6. Current year return on equity ratio? % A Required 3 A Required 5 > 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 5-a. Net property and equipment totaled $117,000 at the beginning of the previous year. Compute the fixed asset turnover ratios for the current and previous years. (Round your answers to 2 decimal places.) 5-b. Are the current-year results better, or worse, than those for the previous year? 5-a. Current Year 5-a. Previous Year 5-b. Current year fixed asset turnover? Required 4 Required 6 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 6-a. Compute the debt-to-assets ratios for the current and previous years. (Round your answers to 2 decimal places.) 6-b. Is debt providing financing for a larger or smaller proportion of the company's asset growth? 6-a. Current Year 6-a. Previous Year 6-b Current year debt-to-assets ratio? . Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 Required 7 Required 8 7-a. Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) 7-b. Are the current-year results better, or worse, than those for the previous year? 7-a Current Year 7-a Previous Year 7-b. Current year times interest eamed ratio?

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