The following afomaton applies to the quostions daplayed below) tydmx Comparyh frahcial statementi for the last two ycars are on follows. The foliowing financial dota and ravios are typical of companies in Lydex Company's industry: Problem 16-15 Part 1 (Algo) Artquired: reak. Nete. Paund you "Pencentage" answers to 1 decimal place and other answers to 2 decimal places. c. The growi mantin parcarsage Required: 1. To-assess the company's performance in terms of debt management and profitability, compute the following for this year and last year: 10 Note: Round your "Percentoge" answers to 1 decimal place and other answers to 2 decimal places. a. The times interest earned ratio b. The debtito equity ratio. c. The gross margin percentage. d. The return on total assets. (fotal assets at the beginning of last year were $13,110,000, e. The retum on equiry, (Stockholders' equity at the beginning of last year totaled $8,492,250. There has been no change in common stock over the last two years.) If is the campany's financial leverage positive or negative? 2. To assess the company's stock morket performance, compute the following for this year and last year. Assume Lydex's stock price at the end of this year and last year was $102 and $70, respectively. Note: Round your "Percentage" answers to 1 decimal place and other intermediate and final answers to 2 decimal places. 9. The earnings per share. b. The dividend yield ratio. c. The thidend peyour ratio d. The price-earningt tatio e. The book volue per share of common stock. 3. To assess the company's liquidity and asset management, compute the following for this year and last year: a Working capital. b. The current ratio. Nete: Round yout finel answers to 2 decimal places. c. The acid test rotio. Note: Round your finnl answers to 2 decimal places. a The gverage collection period. (The occounts recelvable at the beginning of last year totaled $1,710,000 ) Note: Use 365 days in e year. Round your internediete calculations and final answers to 2 decimal place. e. The averoge sale period. (The inventory at the beginning of last year totaled $2,070,000 ) Note; Use 365 doys in o yent. Round your intermediete celculations and final answere to 2 decimal plece. 1. The operosing cycle. Note: Round your intermediete celculations and final answers to 2 decimal place. 9 . Phe towal asset turnover. (The total assets at the beginning of last year totaled $13,110,0,00 ) Note: Round your final answers to 2 decimal places. The following afomaton applies to the quostions daplayed below) tydmx Comparyh frahcial statementi for the last two ycars are on follows. The foliowing financial dota and ravios are typical of companies in Lydex Company's industry: Problem 16-15 Part 1 (Algo) Artquired: reak. Nete. Paund you "Pencentage" answers to 1 decimal place and other answers to 2 decimal places. c. The growi mantin parcarsage Required: 1. To-assess the company's performance in terms of debt management and profitability, compute the following for this year and last year: 10 Note: Round your "Percentoge" answers to 1 decimal place and other answers to 2 decimal places. a. The times interest earned ratio b. The debtito equity ratio. c. The gross margin percentage. d. The return on total assets. (fotal assets at the beginning of last year were $13,110,000, e. The retum on equiry, (Stockholders' equity at the beginning of last year totaled $8,492,250. There has been no change in common stock over the last two years.) If is the campany's financial leverage positive or negative? 2. To assess the company's stock morket performance, compute the following for this year and last year. Assume Lydex's stock price at the end of this year and last year was $102 and $70, respectively. Note: Round your "Percentage" answers to 1 decimal place and other intermediate and final answers to 2 decimal places. 9. The earnings per share. b. The dividend yield ratio. c. The thidend peyour ratio d. The price-earningt tatio e. The book volue per share of common stock. 3. To assess the company's liquidity and asset management, compute the following for this year and last year: a Working capital. b. The current ratio. Nete: Round yout finel answers to 2 decimal places. c. The acid test rotio. Note: Round your finnl answers to 2 decimal places. a The gverage collection period. (The occounts recelvable at the beginning of last year totaled $1,710,000 ) Note: Use 365 days in e year. Round your internediete calculations and final answers to 2 decimal place. e. The averoge sale period. (The inventory at the beginning of last year totaled $2,070,000 ) Note; Use 365 doys in o yent. Round your intermediete celculations and final answere to 2 decimal plece. 1. The operosing cycle. Note: Round your intermediete celculations and final answers to 2 decimal place. 9 . Phe towal asset turnover. (The total assets at the beginning of last year totaled $13,110,0,00 ) Note: Round your final answers to 2 decimal places
