Question

Lundberg Corporation's most recent balance sheet and incomestatement appear below:

Statement of Financial Position December 31, Year 2 and Year 1 (in thousands of dollars)
	Year 2		Year 1
Asset:
Current assets:
Cash	$	160	$	170
Accounts receivable		270		280
Inventory		170		160
Prepaid expenses		25		25
Total current assets		625		635
Plant and equipment, net		954		934
Total assets	$	1,579	$	1,569
Liabilities and stockholders' equity:
Current liabilities:
Accounts payable	$	220	$	210
Accrued liabilities		110		110
Notes payable, short term		160		170
Total current liabilities		490		490
Bonds payable		250		300
Total liabilities		740		790
Stockholders' equity:
Preferred stock, $100 par value, 10%		260		260
Common stock, $1 par value		100		100
Additional paid-in capital--common stock		110		110
Retained earnings		369		295
Total stockholders' equity		839		765
Total liabilities and stockholders' equity	$	1,579	$	1,555

Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars)
Sales (all on account)	$	1,480
Costof goods sold		868
Gross margin		612
Selling and administrative expenses		334
Netoperating income		278
Interest expense		49
Netincome before taxes		229
Income taxes (30%)		69
Netincome	$	160

Dividends on common stock during Year 2 totaled $60 thousand.The market price of common stock at the end of Year 2 was $9.32 pershare.

e.

Compute the dividend yield ratio for Year 2. (Round youranswer to 2 decimal places. Omit the "%" sign in yourresponse.)

f.	Compute the return on total assets for Year 2. (Do notround intermediate calculations. Round your answer to 2 decimalplaces. Omit the "%" sign in your response.)

Return on total assets

%

g.

Compute the return on common stockholders' equity for Year 2.(Round your answer to 2 decimalplaces. Omit the "%" sign in yourresponse.)

h.	Compute the book value per share for Year 2. (Round youranswer to 2 decimal places. Omit the "$" sign in yourresponse.)

Bookvalue per share

$

i.	Compute the working capital for Year 2. (Input youranswer in thousands of dollars. Omit the "$" sign in yourresponse.)

j.	Compute the current ratio for Year 2. (Round your answerto 2 decimal places.)

Current ratio

Working capital

$

Return on common stockholders' equity

%

Dividend yield ratio

%