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The comparative financial statements for Prince Company are below: Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax

The comparative financial statements for Prince Company are below: Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Year 2 Year 1 $224,000 $175,500 120,500 103,400 103,500 72,100 59,400 54,700 44,100 17,400 11,400 5,700 $ 32,700 $11,700 Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (12% interest) Common stock ($8 par value, 4,175 shares outstanding) Retained earnings Total liabilities and stockholders' equity $ 7,400 15,700 43,400 50,100 $116,600 $ 17,700 46,700 33,400 $ 8,700 19,700 35,700 41,400 $105,500 $ 18,700 46,700 33,400 18,800 $116,600 5,700 $105,500 Assume that the stock price per share is $45 and that dividends in the amount of $12.00 per share were paid during Year 2. Compute the following ratios: (Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Eamings per share Current ratio Quick ratio Cash ratio Price/earnings ratio Dividend yield ratio %

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