Hostetler Corporation's most recent balance sheet and income statement appear below:

Balance Sheet
December 31, Year 2 and Year 1
(in thousands of dollars)
	Year 2			Year 1
Assets
Current assets:
Cash	$	215		$	320
Accounts receivable, net		350			370
Inventory		320			290
Prepaid expenses		20			20
Total current assets		905			1,000
Plant and equipment, net		1,150			1,260
Total assets	$	2,055		$	2,260
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	290		$	320
Accrued liabilities		50			50
Notes payable, short term		40			40
Total current liabilities		380			410
Bonds payable		280			470
Total liabilities		660			880
Stockholders equity:
Common stock, $2 par value		200			200
Additional paid-in capital		330			330
Retained earnings		865			850
Total stockholders equity		1,395			1,380
Total liabilities & stockholders equity	$	2,055		$	2,260

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account)	$	1,550
Cost of goods sold		980
Gross margin		570
Selling and administrative expense		465
Net operating income		105
Interest expense		20
Net income before taxes		85
Income taxes (30%)		26
Net income	$	59

Dividends on common stock during Year 2 totaled $44 thousand. The market price of common stock at the end of Year 2 was $13.00 per share.

Required:

Compute the following for Year 2:

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

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

c. Price-earnings ratio. (Do not round intermediate calculations. Round your answer to 1 decimal place.)

d. Dividend payout ratio. (Do not round intermediate calculations. Round your "Percentage" answer to 1 decimal place.)

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

f. Return on total assets. (Do not round intermediate calculations. Round your "Percentage" answer to 2 decimal places.)

g. Return on equity. (Round your "Percentage" answer to 2 decimal places.)

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

i. Working capital. (Input your answer in thousands of dollars.)

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

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

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

m. Average collection period. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 1 decimal place.)

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

o. Average sale period. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 1 decimal place.)

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

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