Lundberg Corporation\'s most recent balance sheet and income statement appear be

Question

Lundberg Corporation's most recent balance sheet and income statement appear below Statement of Financial Position December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Current assets: Accounts receivable Prepaid expenses Total current assets $ 190 $ 200 300 310 200 190 710 720 961 Plant and equipment, net 981 Total assets $ 1,691 $1,681 Liabilities and stockholders'equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term S 250 S 240 140 140 190 200 Total current liabilities Bonds payable 580 280 580 330 Total liabilities 860 910 Stockholders' equity: Preferred stock, $100 par value, 10% Common stock, $1 par value Additional paid-in capital--common stock Retained earnings 290 290 100 100 110 331 280 110 Total stockholders equity 831 780 Total liabilities and stockholders' equity $1,691 $1,690

Explanation / Answer

PE ratio is 1.1

Dividend payout ratio is 33.33% or 33.3%

Dividend yield is 0.4 or 40%

Return on total assets is 211/1686 = 12.51%

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