Lyn has 1,000,000 common shares outstanding. The price of the stock is 8. Lyn declared dividends per share of 0.10. The balance sheet at the end of 2014 showed approximately the same amounts as that at the end of 2014. The financial statements for Lyn Merchandising are as follows:
|
LYN Company, Income statement for 2014 (in thousands) |
||
|
Sales |
|
4,700 |
|
Cost of goods sold |
|
2,300 |
|
Gross profit |
|
2,400 |
|
Operating expenses |
|
|
|
|
320 |
|
|
Other |
1,230 |
1,550 |
|
Income before interest and taxes |
|
850 |
|
Interest expense |
|
150 |
|
Income before taxes |
|
700 |
|
Income taxes |
|
280 |
|
Net income |
|
420 |
|
LYN Company, Income statement for 2014 (in thousands) |
|||
|
ASSETS |
LIABILITIES AND |
||
|
Cash |
220 |
Accounts Payable |
190 |
|
Accounts receivables |
440 |
Accrued expenses |
180 |
|
Inventory |
410 |
Total current liabilities |
370 |
|
Total current assets |
1,070 |
Long-term debt |
1,960 |
|
Plant and Equipment |
5,600 |
Common stock |
1,810 |
|
Accumulated depreciation |
(2,100) |
|
430 |
|
TOTAL ASSETS |
4,570 |
TOTAL LIAB AND SHE |
4,570 |
REQUIRED:
- Current ratio EPS
- Acid test ratio P/E Ratio
- Accounts receivable Dividend yield
- Inventory turnover Pay-out ratio
- Gross profit margin Debt ratio
- Operating profit margin Debt equity
- Return on sales Times interest earned
ROA - total management effort Cash flow to total debtReturn on equity Cash flow margin
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