Samies, Inc. Comparative Balance Sheet

This Year Last Year Assets Current assets: Cash $360,000 $310,000 Marketable securities 220,000 80,000 Accounts receivable, net 775,000 700,000 Inventory 925,000 750,000 Other current assets 355,000 195,000 Total current assets 2,635,000 2,035,000 Plant and eqipment, net 1,975,000 1,800,000 Other assets 75,000 100,000 Total assets $4,685,000 $3,935,000 Liabilities and Stockholders' Equity Current Liabilities: Accounts payable $250,000 $225,000 Short-term bank loans 750,000 600,000 Accrued payables 550,000 395,000 Other current liabilities 275,000 223,400 Total current liabilities 1,825,000 1,443,400 Bonds payable, 10% 575,000 400,000 Total liabilities 2,400,000 1,843,400 Stockholders' equity: Common stock 1,150,000 1,150,000 Retained earnings 1,135,000 941,600 Total stockholders' equity 2,285,000 2,091,600 Total liabilities and stockholders' equity $4,685,000 $3,935,000 Zimmer, Inc. Income Statement This Year Sales (all on acount) $4,980,000 Cost of goods sold 2,988,000 Gross margin 1,992,000 Selling and administrative expenses Operating expenses 985,500 Depreciation and amortization 410,500 General and administrative expenses 150,000 Total selling and administrative expenses 1,546,000 Net operating income 446,000 Interest expense 60,000 Net income before taxes 386,000 Income taxes 135,100 Net income $250,900 Additional information: Dividend per share paid in current year $1.00 Market price of shares at year end $42.00 Par value of common stock per share $20.00 Number of shares outstanding

Required: Compute the following ratios for the current year only: (use the Excel ROUND function rounded to two decimal places)

Gross margin percentage Current ratio

Acid-test ratio

Accounts receivable turnover

Days' sales uncollected

Inventory turnover ratio

Days' sales in inventory

Debt-to-equity ratio

Times interest earned

Book value per share

Earnings per share

Dividend payout ratio (rounded to three decimal places) Dividend yield ratio

Price-earnings ratio