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LIVEAU DULUGUNUMIVALUAVA This Year Last Year Sales (all on account) $ 15,750,000 $12,480,000 Cost of goods sold 12,600,000 9,900,000 Gross margin 3,150,000 2,580,000 Selling and

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LIVEAU DULUGUNUMIVALUAVA This Year Last Year Sales (all on account) $ 15,750,000 $12,480,000 Cost of goods sold 12,600,000 9,900,000 Gross margin 3,150,000 2,580,000 Selling and administrative expenses 1,590,000 1,560,000 Net operating income 2,560,000 1,020,000 Interest expense 360,000 300,000 Net Income before taxes 1,200,000 720,000 Income taxes (309) 360,000 216,000 Net income 840,000 504,000 Common dividends 360,000 252,000 Net income retained 480,000 252,000 Beginning retained earnings 1,320,000 1,068,000 Ending retained earnings $ 1,800,000 $1,320,000 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 Average collection period Average tale period Return on assets Debt-to-equity ratio Times interest earned ratio Price-earnings ratio 2.3 1.2 30 days 60 days 9.50 0.65 5.7 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 $72 per share and that at the end of lost year it was $40. 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.)

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