Required information 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:

You decide next to assess the company's stock market performance. Assume that Lydex's stock price at the end of this year is $$84$

per share and that at the end of last year it was $$52.$ 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. 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:

You decide, finally, to assess the company's liquidity and asset management. For both this year and last year, compute:

a$.$ Working capital.

b$.$ The current ratio. $($Round your final answers to $2$ decimal places.$)$

c$.$ The acid$-$test ratio. $($Round your final answers to $2$ decimal places.$)$

d$.$ The average collection period. $($The accounts receivable at the beginning of last year totaled $$1,620,000.)($Use $365$ days in a year.

Round your intermediate calculations and final answers to $2$ decimal place.$)$

e$.$ The average sale period. $($The inventory at the beginning of last year totaled $$1,980,000.)($Use $365$ days in a year. Round your

intermediate calculations and final answers to $2$ decimal place.$)$

f$.$ The operating cycle. $($Round your intermediate calculations and final answers to $2$ decimal place.$)$

g$.$ The total asset turnover. $($The total assets at the beginning of last year totaled $$13,020,000.)($Round your final answers to $2$ decimal

places.$)$

$[$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:

Required:

You decide first to assess the company's performance in terms of debt management and profitability. Compute the following for both

this year and last year: $($Round your "Percentage" answers to $1$ decimal place and other answers to $2$ decimal places.$)$

a$.$ The times interest earned ratio.

b$.$ The debt$-$to$-$equity ratio.

c$.$ The gross margin percentage.

d$.$ The return on total assets. $($Total assets at the beginning of last year were $$13,020,000.)$

e$.$ The return on equity. $($Stockholders$\text{'}$ equity at the beginning of last year totaled $$7,836,300.$ There has been no change in common

stock over the last two years.$)$

f$.$ Is the company's financial leverage positive or negative?