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 $ 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.)