Hyrkas 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 $ 160 $ 210

Accounts receivable, net 240 260

Inventory 210 180

Prepaid expenses 20 20

Total current assets 630 670

Plant and equipment, net 820 820

Total assets $ 1,450 $ 1,490

Liabilities and Stockholders' Equity

Current liabilities: Accounts payable $ 180 $ 210

Accrued liabilities 50 50

Notes payable, short term 40 40

Total current liabilities 270 300

Bonds payable 170 200

Total liabilities 440 500

Stockholders equity:

Common stock, $2 par value 200 200

Additional paid-in capital 330 330

Retained earnings 480 460

Total stockholders equity 1,010 990

Total liabilities & stockholders equity $ 1,450 $ 1,490

Income Statement For the Year Ended December 31,

Year 2 (in thousands of dollars)

Sales (all on account) $ 1,220

Cost of goods sold 750

Gross margin 470

Selling and administrative expense 355

Net operating income 115

Interest expense 20

Net income before taxes 95

Income taxes (30%) 29

Net income $ 66

Dividends on common stock during Year 2 totaled $46 thousand. The market price of common stock at the end of Year 2 was $17.30 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.)