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PLEASE ANSWER E THROUGH Q. Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 31, Year 2 and Year 1

PLEASE ANSWER E THROUGH Q.

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 $ 215 $ 320
Accounts receivable, net 350 370
Inventory 320 290
Prepaid expenses 20 20
Total current assets 905 1,000
Plant and equipment, net 1,150 1,260
Total assets $ 2,055 $ 2,260
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 290 $ 320
Accrued liabilities 50 50
Notes payable, short term 40 40
Total current liabilities 380 410
Bonds payable 280 470
Total liabilities 660 880
Stockholders equity:
Common stock, $2 par value 200 200
Additional paid-in capital 330 330
Retained earnings 865 850
Total stockholders equity 1,395 1,380
Total liabilities & stockholders equity $ 2,055 $ 2,260

Income Statement
For the Year Ended December 31, Year 2
(in thousands of dollars)
Sales (all on account) $ 1,550
Cost of goods sold 980
Gross margin 570
Selling and administrative expense 465
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 $44 thousand. The market price of common stock at the end of Year 2 was $13.00 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.)

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