Knox Instruments, Inc., is a manufacturer of various medical and dental instruments. Financial statement data for the firm follow:

Required

a. Using the given data, calculate the nine financial ratios below for 2019. Compare the ratio results for Knox Instruments, Inc., with the following industry averages and comment on its operations.

b. Calculate the dividends paid per share of common stock. (Use the average number of shares outstanding during the year.) What was the dividend payout ratio?

c. If the 2019 year-end market price per share of Knox’s common stock is \($25\), what is the company’s (1) price-earnings ratio and (2) dividend yield?

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(thousands of dollars, except per-share amount) Sales revenue. Cost of goods sold Net income.. Dividends... Cash provided by operating activities. Earnings per share.. 2019 $200,000 98,000 10,750 4,200 7.800 3.07