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	$ 180	$ 250
Accounts receivable, net	280	300
Inventory	250	220
Prepaid expenses	20	20
Total current assets	730	790
Plant and equipment, net	940	980
Total assets	$ 1,670	$ 1,770
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 220	$ 250
Accrued liabilities	50	50
Notes payable, short term	40	40
Total current liabilities	310	340
Bonds payable	210	300
Total liabilities	520	640
Stockholders equity:
Common stock, $2 par value	200	200
Additional paid-in capital	330	330
Retained earnings	620	600
Total stockholders equity	1,150	1,130
Total liabilities & stockholders equity	$ 1,670	$ 1,770

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account)	$ 1,320
Cost of goods sold	820
Gross margin	500
Selling and administrative expense	395
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 $39 thousand. The market price of common stock at the end of Year 2 was $14.40 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.)

\begin{tabular}{|l|l|l|} \hline a. Gross margin percentage & & \\ \hline b. Earnings per share & & \\ \hline c. Price-earnings ratio & & % \\ \hline d. Dividend payout ratio & & % \\ \hline e. Dividend yield ratio & & % \\ \hline f. Return on total assets & & \\ \hline g. Return on equity & & \\ \hline h. Book value per share & & \\ \hline i. Working capital & & days \\ \hline j. Current ratio & & \\ \hline k. Acid-test ratio & & days \\ \hline I. Accounts receivable turnover & & \\ \hline m. Average collection period & & \\ \hline n. Inventory turnover & & \\ \hline o. Average sale period & & \\ \hline p. Times interest earned ratio & & \\ \hline q. Debt-to-equity ratio & & \\ \hline \end{tabular}