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	$ 210	$ 310
Accounts receivable, net	340	360
Inventory	310	280
Prepaid expenses	20	20
Total current assets	880	970
Plant and equipment, net	1,120	1,220
Total assets	$ 2,000	$ 2,190
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 280	$ 310
Accrued liabilities	50	50
Notes payable, short term	40	40
Total current liabilities	370	400
Bonds payable	270	440
Total liabilities	640	840
Stockholders equity:
Common stock, $2 par value	200	200
Additional paid-in capital	330	330
Retained earnings	830	820
Total stockholders equity	1,360	1,350
Total liabilities & stockholders equity	$ 2,000	$ 2,190

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account)	$ 1,490
Cost of goods sold	940
Gross margin	550
Selling and administrative expense	455
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 $11.20 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.)