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Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 3 1 , Year 2 and Year 1 ( in thousands
Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance Sheet December Year and Year in thousands of dollars Year Year Assets Current assets: Cash $ $ Accounts receivable, net Inventory Prepaid expenses Total current assets Plant and equipment, net Total assets $ $ Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ $ Accrued liabilities Notes payable, short term Total current liabilities Bonds payable Total liabilities Stockholders equity: Common stock, $ par value Additional paid in capital Retained earnings Total stockholders equity Total liabilities & stockholders equity $ $ Income Statement For the Year Ended December Year in thousands of dollars Sales all on account $ Cost of goods sold Gross margin Selling and administrative expense Net operating income Interest expense Net income before taxes Income taxes Net income $ Dividends on common stock during Year totaled $ thousand The market price of common stock at the end of Year was $ per share. Required: Compute the following for Year : a Gross margin percentage. Round your answer to decimal place. b Earnings per share. Round your answer to decimal places. c Price earnings ratio. Do not round intermediate calculations. Round your answer to decimal place. d Dividend payout ratio. Do not round intermediate calculations. Round your "Percentage" answer to decimal place. e Dividend yield ratio. Round your "Percentage" answer to decimal places. f Return on total assets. Do not round intermediate calculations. Round your "Percentage" answer to decimal places. g Return on equity. Round your "Percentage" answer to decimal places. h Book value per share. Round your answer to decimal places. i Working capital. Input your answer in thousands of dollars. j Current ratio. Round your answer to decimal places. k Acid test quick ratio Round your answer to decimal places. l Accounts receivable turnover. Round your answer to decimal places. m Average collection period. Use days in a year. Do not round intermediate calculations. Round your answer to decimal place. n Inventory turnover. Round your answer to decimal places. o Average sale period. Use days in a year. Do not round intermediate calculations. Round your answer to decimal place. p Times interest earned ratio. Round your answer to decimal places. q Debt to equity ratio. Round your answer to decimal places.
Hyrkas Corporation's most recent balance sheet and income statement appear below:
Balance Sheet
December
Year
and Year
in thousands of dollars
Year
Year
Assets
Current assets:
Cash $
$
Accounts receivable, net
Inventory
Prepaid expenses
Total current assets
Plant and equipment, net
Total assets $
$
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $
$
Accrued liabilities
Notes payable, short term
Total current liabilities
Bonds payable
Total liabilities
Stockholders
equity:
Common stock, $
par value
Additional paid
in capital
Retained earnings
Total stockholders
equity
Total liabilities & stockholders
equity $
$
Income Statement
For the Year Ended December
Year
in thousands of dollars
Sales
all on account
$
Cost of goods sold
Gross margin
Selling and administrative expense
Net operating income
Interest expense
Net income before taxes
Income taxes
Net income $
Dividends on common stock during Year
totaled $
thousand The market price of common stock at the end of Year
was $
per share.
Required:
Compute the following for Year
:
a
Gross margin percentage.
Round your answer to
decimal place.
b
Earnings per share.
Round your answer to
decimal places.
c
Price
earnings ratio.
Do not round intermediate calculations. Round your answer to
decimal place.
d
Dividend payout ratio.
Do not round intermediate calculations. Round your "Percentage" answer to
decimal place.
e
Dividend yield ratio.
Round your "Percentage" answer to
decimal places.
f
Return on total assets.
Do not round intermediate calculations. Round your "Percentage" answer to
decimal places.
g
Return on equity.
Round your "Percentage" answer to
decimal places.
h
Book value per share.
Round your answer to
decimal places.
i
Working capital.
Input your answer in thousands of dollars.
j
Current ratio.
Round your answer to
decimal places.
k
Acid
test
quick
ratio
Round your answer to
decimal places.
l
Accounts receivable turnover.
Round your answer to
decimal places.
m
Average collection period.
Use
days in a year. Do not round intermediate calculations. Round your answer to
decimal place.
n
Inventory turnover.
Round your answer to
decimal places.
o
Average sale period.
Use
days in a year. Do not round intermediate calculations. Round your answer to
decimal place.
p
Times interest earned ratio.
Round your answer to
decimal places.
q
Debt
to
equity ratio.
Round your answer to
decimal places.
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