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The comparative financial statements for Prince Company are below: Year 2 Year 1 $220,000 119,500 100,500 59,000 41.500 11,000 $ 30,500 $174,500 103,000 71,500 56

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The comparative financial statements for Prince Company are below: Year 2 Year 1 $220,000 119,500 100,500 59,000 41.500 11,000 $ 30,500 $174,500 103,000 71,500 56 500 17,000 5,500 $ 11,500 Income statement Sales revence Cost of goods sold Gross profit 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 (58 par value, 4.125 shares outstanding Retained earnings Total liabilities and stockholders' equity $ 7.000 15.500 43,000 49.500 5115,000 $17.500 46,500 33.000 18,000 5115,000 $ 8,500 19,500 35,500 41,000 $104,500 5 18,500 46,500 33,000 6500 $104,500 Assume that the stock price per share is $43 and that dividends in the amount of $11.00 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 tie. 0.1234 should be entered as 12.34).) Earnings per share Current ratio Quick ratio Cash ratio Assume that the stock price per share is $43 and that dividends in the amount of $11.00 per share were paid during Year 2. Compute the following ratlos: (Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (ie. 01234 should be entered as 12.34).) Earnings per share Current ratio Quick rato Cash ratio Pricelearings ratio Dividend yield ratio 36 Prey 2021 Next

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