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The comparative financial statements for Prince Company are below: Year 2 Year 1 Income statement: Sales revenue $ 218,000 $ 174,000 Cost of goods sold

The comparative financial statements for Prince Company are below:

Year 2 Year 1
Income statement:
Sales revenue $ 218,000 $ 174,000
Cost of goods sold 119,000 102,800
Gross profit 99,000 71,200
Operating expenses and interest expense 58,800 54,400
Pretax income 40,200 16,800
Income tax 10,800 5,400
Net income $ 29,400 $ 11,400
Balance sheet:
Cash $ 6,800 $ 8,400
Accounts receivable (net) 15,400 19,400
Inventory 42,800 35,400
Property and equipment (net) 49,200 40,800
Total assets $ 114,200 $ 104,000
Current liabilities (no interest) $ 17,400 $ 19,800
Long-term liabilities (10% interest) 46,400 46,400
Common stock ($5 par value, 6,560 shares outstanding)) 32,800 31,400
Retained earnings 17,600 6,400
Total liabilities and stockholders' equity $ 114,200 $ 104,000

Assume that the stock price per share is $42 and that dividends in the amount of $10.50 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).)

Earnings per share
Current ratio
Quick ratio
Cash ratio
P/E ratio
Dividend yield ratio %

rev: 06_16_2015_QC_CS-17839, 02_01_2017_QC_CS-76919, 02_14_2017_QC_CS-78602

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