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At December 31 Assets Cash. Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Current Year
At December 31 Assets Cash. Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Current Year 1 Year Ago 2 Years Ago $ 28,528 79,407 104,986 8,914 256,897 $ 478,732 88,202 $ 116,820 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 33,676 56,622 78,640 8,407 235,355 $ 412,700 $ 71,141 94,921 163,500 83,138 162,500 111,210 $ 478,732 $ 412,700 For both the current year and one year ago, compute the following ratios: $ 33,717 44,516 45,991 3,673 206,003 $ 333,900 $ 44,956 75,268 163,500 50,176 $ 333,900 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Interest expense Other operating expenses Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 622,352 $ 379,635 192,929 10,580 8,091 591,235 1 Year Ago $ 319,223 124,252 11,296 7,367 $ 491,113 462,138 $ 28,975 $ 1.78 Additional information about the company follows. $ 31,117 $ 1.91 Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $ 33.00 31.00 0.24 0.12 Return On Equity Current Year: 1 Year Ago: Numerator: Denominator: " " Return On Equity Return on equity 0% 0% Current Year: 1 Year Ago Dividend Yield Numerator: Denominator: Dividend Yield = Dividend yield = 0% " 0% Current Year: 1 Year Ago: Price-Earnings Ratio Numerator: Denominator: = Price-Earnings Ratio = Price-earnings ratio = 0 0
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