a.	Gross margin percentage. (Round your answer to 1 decimal place.)

Gross margin percentage

%

b.	Earnings per share of common stock. (Round your answer to 2 decimal places.)

Earnings per share

$

c.	Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place.)

Price-earnings ratio

times

d.	Dividend payout ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place.)

Dividend payout ratio

%

e.	Dividend yield ratio. (Round your answer to 2 decimal places.)

Dividend yield ratio

%

f.	Return on total assets. (Round your intermediate calculations and final answer to 2 decimal places.)

Return on total assets

%

g.	Return on common stockholders' equity. (Round your answer to 2 decimal places.)

Return on common stockholders' equity

%

h.	Book value per share. (Round your answer to 2 decimal places.)

Book value per share

$

i.	Working capital.

Working captial

$

j.	Current ratio. (Round your answer to 2 decimal places.)

Current ratio

k.	Acid-test ratio. (Round your answer to 2 decimal places.)

Acid-test ratio

l.	Accounts receivable turnover. (Round your answer to 2 decimal places.)

Accounts receivable turnover

m.	Average collection period. (Assume 365 days a year and round your answer to 1 decimal place.)

Average collection period

days

n.	Inventory turnover. (Round your answer to 2 decimal places.)

Inventory turnover

o.	Average sale period. (Assume 365 days a year and round your answer to 1 decimal place.)

Average sale period

days

p.	Times interest earned. (Round your answer to 2 decimal places.)

Times interest earned

q.	Debt-to-equity ratio. (Round your answer to 2 decimal places.)

Debt-to-equity ratio

Statement of Financial Position December 31, Year 2 and Year1 (in thousands of dollars) Year 2 Year1 Assets Current assets Accounts receivable Inventory Prepaid expenses $ 320 $ 430 440 450 120 540 330 120 Total current assets Plant and equipment, net 1,310 1,440 3,150 2,930 Total assets $4,460 $4,370 Liabilities and Stockholders Equity Current liabilities: $ 460 $ 390 160 200 Accounts payable 105 320 Accrued liabilities Notes payable, short term Total current liabilities Bonds payable Total liabilities Stockholders' equity 885 465 750 570 1,350 1,320 Preferred stock, $100 par value, 10% Common stock, $1 par value Additional paid-in capital--common stock Retained earnings 1,2501,250 620 680 500 620 680 560 Total stockholders' equity 3,110 3,050 Total liabilities & stockholders' equity $4,460 $4,370 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) Cost of goods sold $ 5,490 3,570 Gross margin Selling and administrative expense 1,920 1,171 749 Net operating income Interest expense 707 Net income before taxes Income taxes (30%) Net income $ 495 Dividends on common stock during Year 2 totaled $310 thousand. Dividends on preferred stock totaled $125 thousand. The market price of common stock at the end of Year 2 was $9.58 per share Required: Compute the following for Year 2