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: Lydox Company Comparative Balance Sheet This Year Last Year Resota Current anceta: Cash 61,010,000 1.250,000 Marketable securities O 300,000 Nocounts receivable, net 2,900,000 2.000,000 Toventory 3.650.000 2,000,000 Prepaid expenses 270.000 210,000 Total current at 7,010,000 5.760,000 Blant and equipment.net 9.620.000 2.100.000 617.450,000 526,860,000 Liabilities and Stockholders' Equity Liabilities Current liabilities 59,060,000 $3,000,000 Note payable, 108 3.100.000 3.100.000 Sotal liabilities 7.760,000 10,000 Stockholde equity Con stock, 70 pEvalus 7,000,000 7.000.000 Notained earnings 2.690.000 1.600.000 Total stockholders equity DAGD.000 BXD000 Total Liabilities and stockholders' equity 517,450,000 $16.000.000 Lydex Company Comparative Income Statement and Reconciliation This Year Last Year Sales (all on account) $ 15,910,000 $ 14,080,000 Cost of goods sold 12,728,000 10,560,000 Gross margin 3,182,000 3,520,000 Selling and administrative expenses 912,000 1,624,000 Net operating income 2,270,000 1,896,000 Interest expense 370,000 310,000 Net income before taxes 1,900,000 1,586,000 Income taxes (308) 570,000 475,800 Net income 1,330,000 1,110,200 Common dividends 320,000 555, 100 Net income retained 1,010,000 555,100 Beginning retained earnings 1,680,000 1,124,900 Ending retained carnings $ 2,690, po $ 1,680,000 To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's industry 2.3 Current ratio Acid-test ratio Average collection period Average malo poriod Return on assets Debt-to-equity ratio Times interest earned ratio DeLow-carnings ratio 32 days 60 days 9.85 0.7 5.0 30 2. You decide next to assess the company's stock market performance. Assume that Lydex's stock price at the end of this year is $104 per share and that at the end of last year it was $72. For both this year and last year, compute: (Round your "Percentage" answers to 1 decimal place and other intermediate and final answers to 2 decimal places.) 2. The earnings per share, b. The dividend yield ratio c. The dividend payout ratio d. The price-earnings ratio e. The book value per share of common stock This Year Last Year a. The earnings per share b. The dividend yioid ratio The dividend payout ratio d. The price comings ratio The book value por share of common stock