Accounting Ratios

1.. Presented below is the comparative income statement of Morrison Company for 2020 and 201 9. {Cost of Goods Sold Gross Prot Operating Expenses. Administrative Expense Total Operating Expenses "-'-' -m income Before Income Tax- .. 520,20 512,20; Income Tax $6,062 $3,963 NtJrgco'rh'e unis] $14,145 $9,241 a] Calculate the following ratios for both years. 2. Free-bird Inc. had a net income of $394,200 for the year ended September 30, 2020. The company does not have any preferred shares and has 104,000 common shares outstanding'for the entire year. During the year, they paid out $48,500 in dividends. Assume the market price of each common share at the company's year end is $18 per share. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate earnings per share. Earnings per share = $Answer b) Calculate the dividend yield. Dividend Yield = Answer % c) Calculate the price earnings ratio. Price Earnings Ratio = Answer O 3. Perform a horizontal analysis for Davis Inc. Use 2017 as the base year. Davis Inc. In Millions of Dollars 2020 2019 2018 2017 Revenue $400 $359 $331 $193 Answer Answer Answer Answer Revenue Ratio Net Income $256 $184 $14 $106 Answerl Answer Answer Net Income Ratio