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	$ 235	$ 360
Accounts receivable, net	390	410
Inventory	360	330
Prepaid expenses	20	20
Total current assets	1,005	1,120
Plant and equipment, net	1,270	1,420
Total assets	$ 2,275	$ 2,540
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 330	$ 360
Accrued liabilities	50	50
Notes payable, short term	40	40
Total current liabilities	420	450
Bonds payable	320	570
Total liabilities	740	1,020
Stockholders equity:
Common stock, $2 par value	200	200
Additional paid-in capital	330	330
Retained earnings	1,005	990
Total stockholders equity	1,535	1,520
Total liabilities & stockholders equity	$ 2,275	$ 2,540

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account)	$ 1,590
Cost of goods sold	1,020
Gross margin	570
Selling and administrative expense	505
Net operating income	65
Interest expense	20
Net income before taxes	45
Income taxes (30%)	14
Net income	$ 31

Dividends on common stock during Year 2 totaled $16 thousand. The market price of common stock at the end of Year 2 was $12.00 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.)