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please show how you did the math as I am havinf trouble doing earnings per share! Problem 14-15 Comprehensive Ratio Analysis (L014-2, LO14-3, LO14-4, LO14-5,
please show how you did the math as I am havinf trouble doing earnings per share!
Problem 14-15 Comprehensive Ratio Analysis (L014-2, LO14-3, LO14-4, LO14-5, LO14-6) (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: Lydex Company Comparative Balance that This Year Laut Year Assets Current arsti CART Marketable securities Accounts receivabla, net Inventory Prepaid expenses Total current Nets plant and equipment, net Total susta Liabilities and Stockholders' Equity Liabilities: Current liabilities Note payable, 101 Total liabilities tockholders' equity Coron stock, 70 par value Datained earnings Total stockholdersquity Total liabilities and stockholders' equity 5 970,000 0 2,740,000 3,610,000 260,000 7,580,000 9.540,000 317, 120,000 $ 1,210,000 300,000 1,840,000 2,100,000 200,000 5,650,000 9.060,000 $14,710,000 $ 4,020,000 3.680.000 7,200.000 $ 3,000,000 3,080,000 6,080,000 7.000.000 2.429.000 9.420,000 $17, 120,000 7.000.000 1.430,000 8,630,000 $14,710,000 Lydex Company Comparative Income Statement and Reconciliation This Year Last Year Salas (all on account) $ 15,870,000 $13,680,000 Cont of goods sold 12,696,000 10,260,000 Grons margin 3, 174,000 3,420,000 Selling and administrative expenses 1,106,000 1,600,000 Net operating income 2,068,000 1,812,000 Interest expense 368,000 308,000 Net income before taxes 1,700,000 1,504,000 Income taxen (304) 510,000 451,200 Net income 1,190,000 1,052,800 Common dividenda 400,000 526,400 Net income retained 790,000 526,400 Beginning retained earnings 1,630,000 1,103,600 Ending retained earning $ 2, 420,000 $1,630,000 Problem 14-15 Part 2 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 $96 per share and that at the end of last year it was $64. For both this year and last year, compute: (Round your "Percentage answers to 1 dedmal place and other intermediate and final answers to 2 decimal places) . The earnings per share b. The didend yield ratio The dividend payout ratio d. The price carnings ratio The book value per share of common stock $ 14,75 00 There The dividend payout The book profonok Step by Step Solution
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