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Please help ASAP Hyrkas Corporation's Statement of Financial Position December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Asset:
Please help ASAP
Hyrkas Corporation's Statement of Financial Position December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Asset: Current assets Cash Accounts receivable Inventory Prepaid expenses $ 190 $ 200 300 310 200 190 20 20 720 Total current assets Plant and equipment, net 710 981 961 Total assets $1,691 $1,681 Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Notes payable, short term $ 250 $ 240 140 140 190 200 Total current liabilities Bonds payable 580 280 580 330 Total liabilities 860 910 Stockholders equity Common stock, $1 par value Additional paid in capital.common stock Retained eamings 100 110 621 100 110 570 Total stockholders' equity 831 780 Total liabilities and stockholders equity $ 1,691 $ 1,690 Income Statement For the Year Ended December 31. Year 2 (in thousands of dollars) Sales (all on account) $1,420 Cost of goods sold 859 Gross margin Selling and administrative expenses 561 350 Net operating income Interest expense 211 40 Net Income before taxes Income taxes (30%) 171 51 Net income $ 120 Dividends on common stock during Year 2 totaled $40 thousand, The market price of common stock at the end of Year 2 was $9.45 per share. Required: a. Compute the gross margin percentage for Year 2 (Round your answer to one decimal place.o.g. 0.1234 = 12.3%.) Gross margin percentage b. Compute the earnings per share of common stock) for Year 2. (Round your answer to 2 decimal places. Earnings per share c. Compute the price-eamings ratio for Year 2. (Do not round intermediate calculations, Round your answer to one decimal place.) Price-oamings ratio d. Compute the dividend payout ratio for Year 2. (Do not round Intermediate calculations. Round your answer to one decimal place. 0.g. 0.1234 = 12.3%.) Dividend payout ratio e. Compute the dividend yield ratio for Year 2. (Round your answer to 2 decimal places. e.g. 0.1234 = 12.34%) Dividend yield ratio f. Compute the return on total assets for Year 2. (Do not round Intermediate calculations. Round your answer to 2 decimal places. e.g. 0.1234 = 12.34%.) Retum on total assets g. Compute the return on common stockholders' equity for Year 2. (Round your answer to 2 decimal places. e.g. 0.1234 12.34%) Return on common stockholders' equity h. Compute the book value per share for Year 2 (Round your answer to 2 decimal places.) Book value per share L. Compute the working capital for Year 2. (Input your answer in thousands of dollars, e.g. $100,000 is 100.) Working capital 3. Compute the current ratio for Year 2. (Round your answer to 2 decimal places.) Current ratio k. Compute the acid-test ratio for Year 2. (Round your answer to one decimal place.) Acid-test ratio 1. Compute the accounts receivable turnover for Year 2. (Round your answer to 2 decimal places.) Accounts receivable turnover m. Compute the average collection period for Year 2. (Uso 365 days in a year. Do not round Intermediate calculations. Round your answer to one decimal place.) Average collection period Days n. Compute the inventory turnover for Year 2. (Round your answer to 2 decimal places.) Inventory turnover o. Compute the average sale period for Year 2. (Use 365 days in a year. Do not round intermediate calculations, Round your answer to one decimal place.) Average sale period Days p. Compute the times interest eamed for Year 2. (Round your answer to 2 decimal places.) Times interest earned 4. Compute the debt-to-equity ratio for Year 2. (Round your answer to 2 decimal places. c.9. 0.1234 0.12) Debt-to-equity ratio Step by Step Solution
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