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[ The following information applies to the questions displayed below. ] Lydex Company s financial statements for the last two years are as follows: Lydex
The following information applies to the questions displayed below.
Lydex Companys financial statements for the last two years are as follows:
Lydex Company
Comparative Balance Sheet
This Year Last Year
Assets
Current assets:
Cash $ $
Marketable securities
Accounts receivable, net
Inventory
Prepaid expenses
Total current assets
Plant and equipment, net
Total assets $ $
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities $ $
Note payable,
Total liabilities
Stockholders' equity:
Common stock, $ par value
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity $ $
Lydex Company
Comparative Income Statement and Reconciliation
This Year Last Year
Sales all on account $ $
Cost of goods sold
Gross margin
Selling and administrative expenses
Net operating income
Interest expense
Net income before taxes
Income taxes
Net income
Common dividends
Net income retained
Beginning retained earnings
Ending retained earnings $ $
The following financial data and ratios are typical of companies in Lydex Companys industry:
Current ratio
Acidtest ratio
Average collection period days
Average sale period days
Return on assets
Debttoequity ratio
Times interest earned ratio
Priceearnings ratio
To assess the companys stock market performance, compute the following for this year and last year. Assume Lydexs stock price at the end of this year and last year was $ and $ respectively.
Note: Round your "Percentage" answers to decimal place and other intermediate and final answers to decimal places.
The earnings per share.
The dividend yield ratio.
The dividend payout ratio.
The priceearnings ratio.
The book value per share of common stock.
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