1) the times interest earned ratio 2) the debt to equity ratio 3) the gross margin...
1) earninggs per share for this year and last year 2) dividend yield ratio in % this and last year 3) dividend payout ratio in % this and last year 4) price earning ratio this and last year 5) book value per share of common stock this and last year Comparative Balance Sheet This Year Last Year $ 960,000 2,700,000 3,600,000 • 260,000 7,520,000 9,520,000 $17,040,000 $ 1,200,000 300,000 1,800,000 2,000,000 200,000 5,500,000 9 ,050,000 $14,550,000 Assets Current assets: Cash...
Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 960,000 $ 1,200,000 Marketable securities 0 300,000 Accounts receivable, net 2,700,000 1,800,000 Inventory 3,600,000 2,000,000 Prepaid expenses 260,000 200,000 Total current assets 7,520,000 5,500,000 Plant and equipment, net 9,520,000 9,050,000 Total assets $ 17,040,000 $ 14,550,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 4,010,000 $ 2,980,000 Note payable, 10% 3,660,000 3,060,000 Total liabilities 7,670,000 6,040,000 Stockholders' equity: Common stock, $75 par value 7,500,000 7,500,000 Retained...
every question requires this year and last year 1) working capital (this and last year) 2) the current ratio 3) average collection period (use 365 days in a year) (accounts recievable at the beginning if kast year totaled 1,670,000) 4) average sale period (365 days in a year, inventory of beginning of kast year is 2,030,000) 5) operating cycle 6) total asset turnover (totaled at the beginning if last year at 14,610,000) Lydex Company Comparative Balance Sheet This Year Last...
Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 960,000 $ 1,200,000 Marketable securities 0 300,000 Accounts receivable, net 2,700,000 1,800,000 Inventory 3,600,000 2,000,000 Prepaid expenses 260,000 200,000 Total current assets 7,520,000 5,500,000 Plant and equipment, net 9,520,000 9,050,000 Total assets $ 17,040,000 $ 14,550,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 4,010,000 $ 2,980,000 Note payable, 10% 3,660,000 3,060,000 Total liabilities 7,670,000 6,040,000 Stockholders' equity: Common stock, $75 par value 7,500,000 7,500,000 Retained...
Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 960,000 $ 1,200,000 Marketable securities 0 300,000 Accounts receivable, net 2,700,000 1,800,000 Inventory 3,600,000 2,000,000 Prepaid expenses 260,000 200,000 Total current assets 7,520,000 5,500,000 Plant and equipment, net 9,520,000 9,050,000 Total assets $ 17,040,000 $ 14,550,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 4,010,000 $ 2,980,000 Note payable, 10% 3,660,000 3,060,000 Total liabilities 7,670,000 6,040,000 Stockholders' equity: Common stock, $75 par value 7,500,000 7,500,000 Retained...
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: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 960,000 $ 1,200,000 Marketable securities 0 300,000 Accounts receivable, net 2,700,000 1,800,000 Inventory 3,600,000...
5. Times interest earned ratio. (Round your answer to 2 decimal places.) Times interest earned ratio 6. Average collection period. (Use 365 days in a year. Round your answer to 1 decimal place.) Average collection period days 7. Average sale period. (Use 365 days in a year. Round your intermediate and final answer to 1 decimal place.) Average sale period days Operating cycle. (Round your intermediate calculations and final answers to 1 decimal place.) Operating cycle The financial statements for...
Ratio of Liabilities to Stockholders' Equity and Number of Times Interest Earned The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years: Current Year Previous Year Accounts payable $204,000 $180,000 Current maturities of serial bonds payable 260,000 260,000 Serial bonds payable, 10% 1,300,000 1,560,000 Common stock, $1 par value 60,000 70,000 Paid-in capital in excess of par 650,000 650,000 Retained earnings 2,230,000 1,780,000 The income before income tax was $483,600 and...
Compute the following: (5) debt-to-equity ratio (6) times interest earned (7) net profit margin (8) total asset turnover CADET CORPORATION Income Statement For Year Ended December 31, 2009 Sales $456,600 Cost of goods sold Gross profit Operating expenses 297.450 159.150 99.400 Interest expense 3,900 Income before taxes 55,850 Income taxes 22,499 $ 33,35 Net income CADET CORPORATION Balance Sheet December 31, 2009 Liabilities and Equity Accounts payable Accrued wages payable Income taxes payable Assets S 20,000 Cash 21,500 8,200 Short-term...
Requirements: A. Gross Margin Percentage B. Earnings Per Share C. Price-earnings Ratio D. Dividend Payout Ratio E. Dividend Yield Ratio F. Return on Total Assets G. Return on Equity H. Book Value per share I. Working Capital J. Current Ratio K. Acid-test Ratio L. Accounts receivables turnover M. Average Collection Period N. Inventory turnover O. Average Sale Period P. Times-Interest Earned Q. Debt-to-Equity Ratio Please Show A step-by-step Solutions; (Only for Genius) Thank you soooooo much. Hykas Corporation's most recent...