2 art 2 of 3 oints Required information Problem 14-15 (Algo) Comprehensive Ratio Analysis (LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [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: ebook Assets References Lydex Company Comparative Balance Sheet This Year Last Year Current assets Cash Harketable securities Accounts receivable, net Inventory Prepaid expenses Total current assets Plant and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities: Current liabilities. Note payable, 10% Total liabilities: Stockholders equity: Common stock, $75 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity) $900,000 2,460,000 3,540,000) 250,000 7,150,000 9,400,000 $ 16,550,000 $ 3,950,000 3,620,000 7,570,000 7,500,000 1,480,000 8,980,000 5: 16,550,000 $ 1,140,000 300,000 1,560,000 2,400,000 190,000 5,590,000 8,990,000 $ 14,500,000 $ 2,060,000 3,020,000 5,880,000 7,500,000 3,200,000 5,700,000 $ 14,580,000 2 Part 2 of 3 5 points Lydex Company Comparative Income Statement and Reconciliation Sales (all on account) Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes (38%) Net income Comeon dividends eBook Net income retained Beginning retained earnings This Year $ 15,800,000 12,640,000 Last Year $ 12,980,000 9,715,000 3,160,000 3,245,000 1,998,000 1,580,000 1,162,000 1,665,000 362,000 302,000 800,000 1,363,000 240,000 408,900 560,000 954,100 200,000 477,050 280,000 477,050 1,200,000) $1,400,000 722,950 $ 1,200,000 References Ending retained earnings 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 2.3 1.0 Average collection period 40 days Average sale period 60 days Return on assets. 8.6% Debt-to-equity ratio. 0.7 Times interest earned ratio. 5.9 Price-earnings ratio 101 Problem 14-15 Part 2 (Algo) 5 points eBook References 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 $82 per share and that at the end of last year it was $50. 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. I b. The dividend yield ratio. c. The dividend payout ratio. d. The price-earnings ratio. e. The book value per share of common stock. a The earnings per share b. The dividend yield rabo c. The dividend payout rabo d The price-earnings ratio e The book value per share of common stock This Year % % Last Year