Hardy Instruments, Inc., is a manufacturer of various measuring and controlling instruments. Financial statement data for the firm are as follows:

Required

a. Using the given data, calculate ratios 1 through 8 for 2019. Compare the performance of Hardy Instruments, Inc., with the following industry averages and comment on its operations.

b. Calculate the dividends paid per share of common stock. What was the dividend payout ratio?

c. If the most recent price per share of common stock is \(\$ 65\), what is the price-earnings ratio? The dividend yield?

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Sales revenue.... Cost of goods sold Net income.... Dividends... Earnings per share. 2019 (Thousands of Dollars, except Earnings per Share) $220,000 125,000 10,000 4,300 5.00