0 Required Information [The following information applies to the questions displayed below.) You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performance to its major competitors. The company's financial statements for the last two years are as follows: Lydex Company Comparative Balance sheet This Year Last Year Assets Current sts Cash $1,010,000 $ 1,250,000 Marketable securities 300,000 Accounts receivable, net 2,900,000 2,000,000 Inventory 3,650,000 2,000,000 Prepaid expenses 270,000 210.000 Total current assets 7,830,000 5,760,000 Plant and equipment, net 9.620.000 9, 100.000 Total assets $17,450,000 $14,860,000 Liabilities and Stockholders' Equity Tiiabilities: Current abilities $ 4,060,000 $ 3,080,000 Mote payable, 104 2.700.000 3,100,000 Total liabilities 2.760,000 6180.000 Stockholders' equity! Connon stock. $70 par value 7.000.000 7,000,000 Retained oarnings 2.690.000 1.680,000 Total stockholders' equity 9,690,000 0.680,000 Total liabilitles and stockholders' equity $17,450.000 $14.860,000 Lydex Company Comparative Income Statement and Reconciliation This Year Last Year Sales (all on account) $ 15,910,000 $ 14,080,000 Coat of goods sold 12,728,000 10,560,000 Gross margin 3,182,000 3,520,000 Selling and administrative expenses 912,000 1, 624,000 Net operating income 2,270,000 1,896,000 Interest expense 370,000 310,000 Not income before taxes 1,900,000 1,586,000 Income taxes (305) 570,000 475,800 Net income 1,330,000 1.110,200 Common dividends 320,000 555, 100 Net Incote retained 1,010,000 555,100 Beginning retained earnings 1.680,000 1,124,900 Ending retained carninga $ 2,690,000 $1,680,000 To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's Industry Current ratio Acid-test ratio Average collection period Average sale period Return on aseta Debt-to-equity ratio Times interest earned ratio Price-earnings ratio 2.3 1.1 32 days 60 days 9.B 0.7 5.8 20 2. You decide next to assess the company's stock market performance. Assume that Lydex's stock price at the end of this year is $104 per share and that at the end of last year it was $72. For both this year and last year, compute: (Round your "Percentage" answers to 1 decimal place and other intermediate and final answers to 2 decimal places.) a. The earnings per share. b. The dividend yield ratio. c. The dividend payout ratio. d. The price-earnings ratio. e. The book value per share of common stock. This Year Last Year - The earnings per share b. The dividend yield ratio c. The dividend payout ratio d. The price earnings ratio e. The book value per share of common stock %