Inventory Analysis The following data were extracted from the income statement of Shriver Inc.: Current Year Sales Beginning inventories Cost of merchandise sold Ending inventories Prior Year $1,533,000 $1,603,100 103,180 116,536 766,500 93,380 890,600 103,180 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Prior Year 1. Inventory turnover 2. Number of days' sales in inventory 6.98 8.11 52 days 45 days b. The inventory position of the business has deteriorated inventory has decreased The inventory turnover has increased while the number of days' sales in Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Zeil Inc. for December 31 of the current fiscal year: Common stock, $45 par value (no change during the year) Preferred $4 stock, $200 par (no change during the year) $5,850,000 4,000,000 The net income was $236,000 and the declared dividends on the common stock were $32,500 for the current year. The market price of the common stock is $10.20 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. If required, round your answers to two decimal places. a. Earnings per Share b. Price-Earnings Ratio c. Dividends per Share d. Dividend Yield 1.82 X 5.6 X 0.25 2.45 %