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The comparative financial statements for Prince Company are below: Year 2 Year 1 $226,000 121,000 105,000 59,600 45,400 11,600 $ 33,800 $176,000 103,600 72,400 54,800
The comparative financial statements for Prince Company are below: Year 2 Year 1 $226,000 121,000 105,000 59,600 45,400 11,600 $ 33,800 $176,000 103,600 72,400 54,800 17,600 5,800 $ 11,800 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 Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (10% interest) Common stock ($5 par value, 6,720 shares outstanding) Retained earnings Total liabilities and stockholders' equity $ 7,600 15,800 43,600 50,400 $117,400 $ 17,800 46,800 33,600 19,200 $117,400 $ 8,800 19,800 35,800 41,600 $106,000 $ 18,800 46,800 33,600 6,800 $ 106,000 Assume that the stock price per share is $46 and that dividends in the amount of $12.50 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 Pricelearnings ratio Dividend yield ratio %
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