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: Lydes Company Comparative Salance Sheet This Year Last Year Assets Current assets: Cash Marketable securities Accounts receivable, nat Inventory Prepaid expens Total current assets Plant and equipment, t Total assets Liabilities and Stockholders' Equity Liabilities: Current liabil Note payable, 10 Total tables Stockholders equity! Common stack, $75 par value Retained warnings $ 1,020,000 $1,200, 2,10,200 1,600,000 270,208 7,890,200 9,518,200 $ 17,530,000 $ 4,070,000 3,700,000 100,000 2,010,000 3,100,000 310,000 5,910,000 9,110,000 $15,820,000 $3,100,000 1,100,00 7,778,200 6,300,000 7,500,000 7,500,000 3,360,000 1,126,600 Total stockholders quit 9,768,200 BE20,000 Total liabilities and stockholders' equity $ 17,530,000 $15,020,000 Lydex Comman Comparative Income Statement and Reconciliation Sales (all on account) Cost of goods sold Cross margin Selling and administrative expenses Net operating co Interest expense Net incone before taxes Income taxes (325) Set Incone Common dividends Net income retained Beginning retained earning Ending retained warnings This Year $ 15,920,000 12,736,000 3,184,000 1,014,000 1,170,000 170.020 1,500,000 540.020 540,000 Last Year $ 14,100,000 10,635,000 3,545,000 1,620,000 1,917,200 110,000 1,107,200 1,200,000 1,124,106 120,000 563,450 940,000 563,456 1,120,000 157,550 2,260,000 $1,322,202 To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's Industry: Current ratio 2.1 1.1 Acid-test ratio Average collection period 12 days Average sale period Teturn on assets Debt-to-equity ratio 9.3% 0.7 Tines interest earned ratin 3.9 Price-earnings ratio 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 $106 per share and that at the end of last year it was $74. 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.) s. 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.