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	$	170		$	230
Accounts receivable, net		260			280
Inventory		230			200
Prepaid expenses		20			20
Total current assets		680			730
Plant and equipment, net		880			900
Total assets	$	1,560		$	1,630
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	200		$	230
Accrued liabilities		50			50
Notes payable, short term		40			40
Total current liabilities		290			320
Bonds payable		190			240
Total liabilities		480			560
Stockholders equity:
Common stock, $2 par value		200			200
Additional paid-in capital		330			330
Retained earnings		550			540
Total stockholders equity		1,080			1,070
Total liabilities & stockholders equity	$	1,560		$	1,630

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account)	$	1,240
Cost of goods sold		770
Gross margin		470
Selling and administrative expense		375
Net operating income		95
Interest expense		20
Net income before taxes		75
Income taxes (30%)		23
Net income	$	52

Dividends on common stock during Year 2 totaled $42 thousand. The market price of common stock at the end of Year 2 was $17.90 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.)

a. Gross margin percentage b. Earnings per share C. Price-earnings ratio d. Dividend payout ratio e. Dividend yield ratio f. Return on total assets g. Return on equity h. Book value per share i. Working capital j. Current ratio k. Acid-test ratio . Accounts receivable turnover m. Average collection period n. Inventory turnover o. Average sale period p. Times interest earned ratio q. Debt-to-equity ratio days days