The flowing information to the questions d e below You have been hired as a francia altfor Lydex Company, a manufacturer of safety helmets. Your boss h anked you to perform a comprehensive analysis of the company's financial statements, including comparing Lyde's performance its or competitions. The company financial statements for the last two years are as follows: Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Comparative Inco Batent and reconciliation Lant Year 12 24000 210. Cost of goods sald Selling and finistrative expenses 487.1 Canon dividends Beginning retained earnings To begin your busignment you gather the following financial data and ratios that Company's industry Sypical of companies in Lydex Average collection period Sereits 2. You decide ned to b e the company's stock market performance. Assume that tydex price at the end of the year is $108 per share and that at the end of last year it was 576. For both this year and out year, compune: Round your "Percentage answers to 1 decimal place and other intermediate and final answers to 2 decimal places) The rings per there b. The dividend yield ratio The dividend payout ratio The price coming to e. The book yolue per there of common stock Required Information The following information applies to the questions displayed below.) 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: 5 T 1,27eece 300.eee 2,ese,cee ,200,00 2 $ 1,038,000 0 2,980,000 3,670, 27e.eee 7,950,000 9,660.000 $ 17,610,000 6. ee.ece 9,120,eee $15, 180,00 Marketable securities Accounts receivable, net Thrventor Prepaid expenses Total current assets plant and equipment, net Total assets Liabilities and stockholders Equity Liabilities: Current liabilities Note payable, et Total liabilities Stockholders' equity: Connon stock, 570 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ $4.ee,000 3,720,000 3,120,000 3,120,00 7,eoe, e 1,940,00 8,940,eee $15,13e,eee ble, Lydex Company Comparative Income statement and teconciliation This Year Sales (all on account) $ 15,930, eee Cost of goods sold 12.744 Bee Gross margin 3,106,000 Selling and administrative expenses 1,114.00 Net operating income 2. 000 Interest expense 372,00 et income before taxes 1,700,000 Income taxes (3 ) 510.000 1,110,000 Common dividends 120.000 Net income retained Beginning retained earnings Ending retained earnings $ 2.810,000 Last Year $ 14,210,000 10,710,oo 3,570,00 1,632.ee 18. 312.ee 1,025,000 82. 1,171,200 569,100 1,370,00 1,940,000 $ To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's Industry Acid-test ratio Avere collection seriod