Part 2 of 3 P Required Information [The following information applies to the questions displayed below) You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performance to its major competitors. The company's financial statements for the last two years are as follows Assets Current assets: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses Tatal current assets Plant and equipment, net Total assets Lydes Company Comparative Halance Sheet This Year Last Year Liabilities and Stockholders' Equity LEALLITION Current liabilities note payable, Total liabilities Stockholders equity Common stock, $70 per value Retained earnings Tetal stockholders' equity $1,030,000 13,250,000 300.000 2,900,000 2,000,000 3,650,000 2,000,000 270,000 210,000 7,830,000 5,760,000 3,630,000 9,100,000 $17,450,000 33,080,00 1,700,000 3,100,000 7,760,000 6,180,000 7,000,000 7,000,000 3,690,000 9,600,000 8,680,00 $ 17,450,00 $14,000,000 Total liabilities and stockholders equity Comparative Income Statement and Reconciliation Sales (all on account) Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net Income before taxes Income taxes (sex) Net Income Como dividends Net income retained seginning retained earnings Ending retained earnings This Year $ 15,910,000 Last Year 12,728,000 3,182,000 913.000 2,270,000 378,00 1,900,00 1,520,000 1,834,0 1,896,000 310.000 1,506,000 475,800 1,130,000 1,110,200 320,eee 1,010,000 1,600 555,100 1,124,900 $1,680,000 To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's Industry Current ratio 2 2 of 3 eBook Selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes (30%) Net income Common dividends Net income retained Beginning retained earnings Ending retained earnings 912,000 2,270,000 370,000 1,900,000 570,000 1,330,000 1,896,000 310,000 1,586,000 475,800 1,110,200 $55,100 320,000 1,010,000 1,680,000 $ 2,690,000 555,100 1,124,900 $ 1,680,000 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 Print Average sale period Return on assets Debt-to-equity ratio eferences Times interest earned ratio Price-earnings ratio 2.3 1.1 32 days 60 days) 9.8% 9.7 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 $104 per share and that at the end of last year it was $72. 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. 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 % %