Comparative Income Statement and Reconciliation This Year Sales (all on account) $ 15,760,000 Cost of goods sold 12,608,000 Gross margin 3,152,000 Selling and administrative expenses 1,592,000 Net operating income 1,560,000 Interest expense 360,000 Net income before taxes 1,200,000 Income taxes (30%) 360,000 Net income 840,000 Common dividends 280,000 Net income retained 560,000 Beginning retained earnings 650,000 Ending retained earnings $ 1,210,000 Last Year $ 12,580,000 9,435,000 3,145,000 1,564,000 1,581,000 300,000 1,281,000 384,300 896,700 448,350 448, 350 201,650 650,000 To begin your assignment you gather the following financial data and ratios that are typical of compa Company's industry Current ratio Acid-test ratio Average collection period Average sale period Return on assets Debt-to-equity ratio Times interest earned ratio Price-earnings ratio 2.3 1. 30 day 60 days 8.2% 0.7 5.8 10 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 $74 per share and that at the end of last year it was $42. 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 The dividend payout ratio d. The price-earnings ratio e. The book value per share of common stock % % 95