Question
Dividends on common stock during Year 2 totaled $50 thousand. The market price of common stock at the end of Year 2 was $9.39 per
Dividends on common stock during Year 2 totaled $50 thousand. The market price of common stock at the end of Year 2 was $9.39 per share. |
Required: | |
a. | Compute the gross margin percentage for Year 2. (Round your answer to 1 decimal place. Omit the "%" sign in your response.) |
Gross margin percentage | % |
b. | Compute the earnings per share (of common stock) for Year 2.(Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
Earnings per share | $ |
c. | Compute the price-earnings ratio for Year 2. (Do not round intermediate calculations. Round your answer to 1 decimal place.) |
Price-earnings ratio |
d. | Compute the dividend payout ratio for Year 2. (Do not round intermediate calculations. Round your answer to 1 decimal place. Omit the "%" sign in your response.) |
Dividend payout ratio | % |
e. | Compute the dividend yield ratio for Year 2. (Round your answer to 2 decimal places. Omit the "%" sign in your response.) |
Dividend yield ratio | % |
f. | Compute the return on total assets for Year 2. (Do not round intermediate calculations. Round your answer to 2 decimal places. 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 decimal places. Omit the "%" sign in your response.) |
Return on common stockholders' equity | % |
h. | Compute the book value per share for Year 2. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
Book value per share | $ |
i. | Compute the working capital for Year 2. (Input your answer in thousands of dollars. Omit the "$" sign in your response.) |
Working capital | $ |
j. | Compute the current ratio for Year 2. (Round your answer to 2 decimal places.) |
Current ratio |
k. | Compute the acid-test ratio for Year 2.(Round your answer to 1 decimal place.) |
Acid-test ratio |
l. | Compute the accounts receivable turnover for Year 2. (Round your answer to 2 decimal places.) |
Accounts receivable turnover |
m. | Compute the average collection period for Year 2. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to one decimal place.) |
Average collection period | days |
n. | Compute the inventory turnover for Year 2. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
Inventory turnover | $ |
o. | Compute the average sale period for Year 2. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 1 decimal place.) |
Average sale period | days |
p. | Compute the times interest earned for Year 2. (Round your answer to 2 decimal places.) |
Times interest earned |
q. | Compute the debt-to-equity ratio for Year 2. (Round your answer to 2 decimal places.) |
Debt-to-equity ratio |
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