Problem - Matheny Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Matheny Inc. operations.
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($000 omitted)
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2013
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2012
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2011
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2010
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2009
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Sales
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$20,900
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$16,130
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$14,260
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$6,090
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$4,660
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Net income
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2,650
|
1,440
|
870
|
710
|
280
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Average total assets
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22,150
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19,950
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11,710
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4,850
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3,180
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Current assets
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8,590
|
7,550
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3,270
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1,890
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1,500
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Working capital
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4,560
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3,350
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1,760
|
570
|
500
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Common shares:
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|
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Number of shares outstanding (000)
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2,400
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2,400
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2,400
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30
|
30
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Average market price
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$9
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$6
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$3
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-
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-
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Compute the rate of return on assets, profit margin on sales, earnings per share, price-earnings ratio, and current ratio for each of the 5 years for Matheny Inc.