Hyrkas Corporation's most recent balance sheet and income statement appear below 12 Balance sheet December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 ( 22:23 $ 200 200 320 Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets plant and equipment, net. Total assets 1. ee $1,800 1,140 $2,85e $ 290 Liabilities and Stockholders' Equity Current liabilities: Accounts payable accrued liabilities Notes payable, short term Total current lasilities Bonds payable Total abilities Stockholders' equity Comos stock 52 ar value Additional paid in colta Retained varnings Total stockholdersu ty Total abilities & Stockholms income statement for the Year Ended December 31 Exam 4 6 ALL 3.80 250 689 see Total current liabilities Bonds payable Total liabilities Stockholders equity: Common stock, $2 par value Additional paid in capital Retained earnings Total stockholders equity Total liabilities & stockholders equity 200 330 209 330 22e (801.2022 1,290 $1,890 1,250 $2.ose Income Statement For the Year Ended December 31, Year 2 in thousands of dollars) Sales (all on account) Cost of goods sold Gross-argin Selling and administrative expense Net Operating Income Interest expense Net income before taxe income taxes (385) 91e Dividends on common stock during Year 2 totaled $19 thousand the market price of common stock at the end of Year 2 was $9 90 per share Required: Compute the following for Year 2 Gross margin percentage (Round your answer to 1 decimal place.) b. Earnings per Share (Round your answer to 2 decimal places.) Het income Dividends on common stock during Year 2 totaled $19 thousand. The market price of common stock at the end of Year 2 was $9.90 per share Required: Compute the following for Year 2 - Gross margin percentage (Round your answer to 1 decimal place.) b. Earnings per share (Round your answer to 2 decimal places.) c. Price eamings 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.) Return on total assets. (Do not round intermediate calculations. Round your "Percentage" answer to 2 decimal places.) Return on equity (Round your "Percentage answer to 2 decimal places) h Book value per share (Round your answer to 2 decimal places.) Working Copital input your answer in thousands of dollars.) Current to Round your answer to 2 decimal places.) Acid-testuk o (Round your answer to 2 decimal places Accounts receivable turnover (Round your answer to 2 decimal places) m Average collection period Use 365 days in a year. Do not found intermediate calculations, Round your answer to 1 decimal place) n Inventory turnover (Round your answer to 2 decimal places) Average sole pettod. (Use 365 days in a year. Do not round Intermediate calculations. Round your answer to 1 decimal place.) Times interest ratio (Round your answer to 2 decimal places) Debt-to-equity to Round your answer to 2 decimal places)
