You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performance to its major competitors. The company's financial statements for the last two years are as follows: 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, 10% Total liabilities Lydex Company Comparative Balance Sheet Stockholders' equity: Common stock, $75 par value Retained earnings Total stockholders' equity This Year $ 1,040,000 3,020,000 3,680,000 270,000 0 8,010,000 9,680,000 $ 17,690,000 $ 4,090,000 3,720,000 7,810,000 7,500,000 2,380,000 9,880,000 Last Year $ 1,280,000 300,000 2,120,000 2,300,000 210,000 6,210,000 9,130,000 $ 15,340,000 $ 3,140,000 3,120,000 6,260,000 7,500,000 1,580,000 9,080,000

You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performance to its major competitors. The company's financial statements for the last two years are as follows: To begin your assignment you gather the following financlal data and ratios that are typical of companies in Lydex Company's industry: You decide next to assess the company's stock market performance. Assume that Lydex's stock price at the end of this year is $110 r share and that at the end of last year it was $78. For both this year and last year, compute: (Round your "Percentage" answers to ecimal place and other intermediate and final answers to 2 decimal places.) The earnings per share. The dividend yleid ratio. The dividend payout ratio The price-earnings ratio. The book value per share of common stock