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	$	220		$	330
Accounts receivable, net		360			380
Inventory		330			300
Prepaid expenses		20			20
Total current assets		930			1,030
Plant and equipment, net		1,180			1,300
Total assets	$	2,110		$	2,330
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	300		$	330
Accrued liabilities		50			50
Notes payable, short term		40			40
Total current liabilities		390			420
Bonds payable		290			500
Total liabilities		680			920
Stockholders equity:
Common stock, $2 par value		200			200
Additional paid-in capital		330			330
Retained earnings		900			880
Total stockholders equity		1,430			1,410
Total liabilities & stockholders equity	$	2,110		$	2,330

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account)	$	1,560
Cost of goods sold		990
Gross margin		570
Selling and administrative expense		475
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 $32 thousand. The market price of common stock at the end of Year 2 was $14.00 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.)