Knox Instruments, Inc., is a manufacturer of various medical and dental instruments.Financial statement data for the firm follow.

(Thousands of Dollars,

1993 except per Share Amount)

Net Sales $ 200,000

Cost of Goods Sold 98,000

Net Income 10,000

Dividends 4,200

Net Cash Provided by Operating Activities 7,800

Earnings per Share 2.71

KNOX INSTRUMENTS, INC.

BALANCE SHEETS

(THOUSANDS OF DOLLARS)

Dec. 31, Dec. 31,

Assets 1993 1992

Cash $ 3,000 $ 2,900

Accounts Receivable (Net) 28,000 28,800

Inventory 64,000 44,000

Plant Assets 76,000 67,300

Total Assets $171,000 $143,000

Liabilities and Stockholders Equity

Current Liabilities $ 45,200 $ 39,750

10% Bonds Payable 20,000 14,000

Total Liabilities $ 65,200 $ 53,750

Common Stock, $10 Par Value $ 40,000 $ 30,000

Retained Earnings 65,800 59,250

Total Stockholders Equity $ 105,800 $ 89,250

Total Liabilities and Stockholders Equity $ 171,000 $143,000

REQUIRED

Using the given data, calculate items 1 through 9 for 1993.

Current ratio

Quick Ratio

Average collection period

Inventory turnover

Operating cash flow to current liabilities ratio

Debt-to-equity ratio

Return on assets

Return on common stockholders equity

Return on sales.

Calculate the dividends paid per share of common stock.(Use average number of shares outstanding during the year).What was the dividend pay-out ratio?

If the 1993 year-end price per share of common stock is $25, what is (1) the price-earnings ratio? (2) the dividend yield?