Balance Sheet
December 31, Year 2 and Year 1
Assets	Year 2			Year 1
Current assets:
Cash	$	208,000			$	200,000
Accounts receivable, net		247,000				290,000
Inventory		165,000				180,000
Prepaid expenses		56,000				50,000
Total current assets		676,000				720,000
Plant and equipment, net		1,000,000				920,000
Total assets	$	1,676,000			$	1,640,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	115,000			$	120,000
Accrued liabilities		107,000				90,000
Notes payable, short term		68,000				70,000
Total current liabilities		290,000				280,000
Bonds payable		290,000				290,000
Total liabilities		580,000				570,000
Stockholders' equity:
Common stock, $2 par value		140,000				140,000
Additional paid-in capital		90,000				90,000
Retained earnings		866,000				840,000
Total stockholders' equity		1,096,000				1,070,000
Total liabilities & stockholders' equity	$	1,676,000			$	1,640,000

Income Statement
For the Year Ended December 31, Year 2
Sales (all on account)	$	1,320,000
Cost of goods sold		860,000
Gross margin		460,000
Operating expenses		394,769
Net operating income		65,231
Interest expense		22,000
Net income before taxes		43,231
Income taxes (35%)		15,131
Net income	$	28,100

Dividends on common stock during Year 2 totaled $2,100. The market price of common stock at the end of Year 2 was $5.56 per share.

Required:

a. What is the company's net profit margin percentage for Year 2?

b. What is the company's gross margin percentage for Year 2?

c. What is the company's return on total assets for Year 2?

d. What is the company's return on equity for Year 2?

e. What is the company's earnings per share for Year 2?

f. What is the company's price-earnings ratio for Year 2?

g. What is the company's dividend payout ratio for Year 2?

h. What is the company's dividend yield ratio for Year 2?

i. What is the company's book value per share at the end of Year 2?