The comparative financial statements prepared at December 31 for Pinnacle Plus showed the following summarized data:

	Current Year			Previous Year
Income Statement
Sales Revenue	$	235,000		$	199,000
Cost of Goods Sold		102,000			98,000
Gross Profit		133,000			101,000
Operating Expenses		61,000			53,000
Interest Expense		6,500			6,500
Income before Income Tax Expense		65,500			41,500
Income Tax Expense (30%)		19,650			12,450
Net Income	$	45,850		$	29,050
Balance Sheet
Cash	$	102,125		$	13,000
Accounts Receivable, Net		42,000			37,000
Inventory		50,000			63,000
Property and Equipment, Net		120,000			130,000
Total Assets	$	314,125		$	243,000
Accounts Payable	$	67,000		$	32,500
Income Tax Payable		1,625			1,750
Note Payable (long-term)		65,000			65,000
Total Liabilities		133,625			99,250
Common Stock (par $10)		105,000			105,000
Retained Earnings		75,500			38,750
Total Liabilities and Stockholders Equity	$	314,125		$	243,00

A) Compute the earnings per share for the current and previous years. (Round your answers to 2 decimal places.)

	Earnings per Share Current Year Previous Year

B) Stockholders' equity totaled $125,000 at the beginning of the previous year. Compute the return on equity (ROE) ratios for the current and previous years. (Round your answers to 1 decimal place.)

	Return on Equity Current Year % Previous Year

C) Net property and equipment totaled $135,000 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.) Fixed Asset Turnover Current Year Previous Year D) Compute the debt-to-assets ratios for the current and previous years. (Round your answers to 2 decimal places.) Current Year: Previous Year: E) Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) Current Year: Previous Year: F) After Pinnacle Plus released its current year's financial statements, the company's stock was trading at $43. After the release of its previous year's financial statements, the company's stock price was $40 per share. Compute the P/E ratios for both years. (Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place.) Current Year: Previous Year: