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11N please help and highlight Last Year ydex Company Comparative Balance Sheet This Year Assets Current assets: Cash $ Marketable securities 910,000 0 Accounts receivable,
11N please help and highlight
Last Year ydex Company Comparative Balance Sheet This Year Assets Current assets: Cash $ Marketable securities 910,000 0 Accounts receivable, net 2,500,000 Inventory 3,550,000 Prepaid expenses 250,000 Total current assets 7,210,000 Plant and equipment, net 9,420,000 Total assets $16,630,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 3,960,000 Note payable, 10% 3,640,000 Total liabilities 7,600,000 Stockholders' equity: Common stock, $70 par value 7,000,000 Retained earnings 2,030,000 Total stockholders' equity 9,030,000 Total liabilities and stockholders' equity $16,630,000 $ 1,150,000 300,000 1,600,000 2,000,000 190,000 5,240,000 9,000,000 $14,240,000 $ 2,880,000 3,040,000 5,920,000 7,000,000 1,320,000 8,320,000 $14,240,000 Lydex Company Comparative Income Statement and Reconciliation This Year Last Year Sales (all on account) $ 15,810,000 $13,080,000 Cost of goods sold 12,648,000 9,810,000 Gross margin 3,162,000 3,270,000 Selling and administrative expenses 1,298,000 1,584,000 Net operating income 1,864,000 1,686,000 Interest expense 364,000 304,000 Net income before taxes 1,500,000 1,382,000 Income taxes (30%) 450,000 414,600 Net income 1,050,000 967,400 Common dividends 340,000 483,700 Net income retained 710,000 483,700 Beginning retained earnings 1,320,000 836,300 Ending retained earnings $ 2,030,000 $1,320,000 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 $84 per share and that at the end of last year it was $52. 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 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 % % % % Step by Step Solution
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