Classic Vinyl Limited is a record wholesaler selling new and used vinyl records to record stores and antique shops throughout Canada. The companys comparative financial statements for the fiscal year ending December 31 appear below. The company did not issue any new common or preferred shares during the year. A total of 630,000 common shares were outstanding. The interest rate on the bond payable was 5%, the income tax rate was 30%, and the dividend per common share was $1.40. The market value of the companys common shares at the end of the year was $153. All of the companys sales are on account:

CLASSIC VINYL LIMITED Comparative Balance Sheet (dollars in thousands)
	This Year				Last Year
Assets
Current assets:
Cash	$	2,220			$	2,480
Accounts receivable, net		18,300				12,500
Inventory		25,500				19,920
Prepaid expenses		1,230				1,030
Total current assets		47,250				35,930
Property and equipment:
Land		19,200				19,200
Buildings and equipment, net		76,600				79,000
Total property and equipment		95,800				98,200
Total assets	$	143,050			$	134,130
Liabilities and Shareholders Equity
Current liabilities:
Accounts payable	$	38,500			$	37,593
Accrued payables		1,830				1,580
Notes payable, short term						320
Total current liabilities		40,330				39,493
Long-term liabilities:
Bonds payable		17,200				17,200
Total liabilities		57,530				56,693
Shareholders equity:
Preferred shares		2,000				2,000
Common shares		12,600				12,600
Total paid-in capital		14,600				14,600
Retained earnings		70,920				62,837
Total shareholders equity		85,520				77,437
Total liabilities and shareholders equity		143,050			$	134,130

CLASSIC VINYL LIMITED Comparative Income Statement and Reconciliation of Retained Earnings (dollars in thousands)
	This Year				Last Year
Sales	$	201,000			$	196,000
Cost of goods sold		130,200				127,500
Gross margin		70,800				68,500
Selling and administrative expenses:
Selling expenses		34,950				33,450
Administrative expenses		22,500				21,300
Total selling and administrative expenses		57,450				54,750
Operating income		13,350				13,750
Interest expense		860				860
Net income before taxes		12,490				12,890
Income taxes		3,747				3,867
Net income		8,743				9,023
Dividends to preferred shareholders		180				860
Net income remaining for common shareholders		8,563				8,163
Dividends to common shareholders		480				882
Net income added to retained earnings		8,083				7,281
Retained earnings, beginning of year		62,837				55,556
Retained earnings, end of year	$	70,920			$	62,837

Required:

Compute the following financial ratios for this year:

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

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

c. Priceearnings ratio. (Do not round intermediate calculations and round your final answer to 1 decimal place.)

d. Dividend payout ratio. (Do not round intermediate calculations and round your percentage answer to 1 decimal place.)

e. Dividend yield ratio. (Round your percentage answer to 1 decimal place.)

f. Return on total assets. (Round your percentage answer to 1 decimal place.)

g. Return on common shareholders equity. (Round your percentage answer to 2 decimal place.)

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