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Eiffel Incorporated declared and paid a cash dividend of $7,925 in the current year. Its comparative financial statements, prepared at December 31 , reported the following summarized information: 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 $89,000 at the beginning of the previous year. Compute the return on equity 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 $139,000 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 Eiffel released its current-year financial statements, the company's stock was trading at $34. After the release of its previousyear financial statements, the company's stock price was $18 per share. Compute the P/E ratios for both years. Does it appear that investors have become more (or less) ontimistic about Eiffel's future success? Complete this question by entering your answers in the tabs below. 1-a. Compute the gross profit percentage in the current and previous years. (Round percentage values to 1 decimal place.) 1b. Are the current-year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 2-a. Compute the net profit margin for the current and previous years. (Round percentage values to 1 decimal place.) 2-b. Are the current-year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 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? Complete this question by entering your answers in the tabs below. 4-a. Stockholders' equity totaled $89,000 at the beginning of the previous year. Compute the return on equity ratios for the current and previous years. (Round percentage values to 1 decimal place.) 4-b. Are the current-year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 5-a. Net property and equipment totaled $139,000 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? Complete this question by entering your answers in the tabs below. 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? Complete this question by entering your answers in the tabs below. 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? Complete this question by entering your answers in the tabs below. 8-a. After Eiffel released its current-year financial statements, the company's stock was trading at $34. After the release of its previous-year financial statements, the company's stock price was $18 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.) 8-b. Does it appear that investors have become more (or less) optimistic about Eiffel's future success

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