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The comparative financial statements for Prince Company are below: Year 2 ear Income statement: Sales revenue Cost of goods sold Gross proft Operating expenses and
The comparative financial statements for Prince Company are below: Year 2 ear Income statement: Sales revenue Cost of goods sold Gross proft Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (12% interest) Common stock ($8 par value, 3,925 shares outstanding)) Retained earnings Total liabilities and stockholders' equity $204,000 115,500 88,500 57,400 31,100 9,400 21,700 $ 170,500 101,400 69,100 53,700 15,400 4,700 $ 10,700 $ 5,400 14,700 41,400 47,100 $ 108,600 $16,700 45,700 31,400 14,800 108,600 $ 7,700 18,700 34,700 39,400 100,500 $ 18,400 45,700 30,700 5,700 $100,500 Assume that the stock price per share is $35 and that dividends in the amount of $7.00 per share were paid during Year 2. Compute the following ratios places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Earnings per share Current ratio Quick ratico Cash ratio P/E ratio Dividend yield ratio
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