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questions e-j Hyrkas Corporation's most recent balance sheet and income statement appear below. Year 1 $ 360 410 330 2e 1,120 1,420 $ 2,540 Balance
questions e-j
Hyrkas Corporation's most recent balance sheet and income statement appear below. Year 1 $ 360 410 330 2e 1,120 1,420 $ 2,540 Balance Sheet December 31, Year 2 and Year 1 (in thousands of dolla Enter your search term Assets Current assets: Cash $ 235 Accounts receivable, net 390 Inventory 360 Prepld expenses 20 Total current assets 1,685 Plant and equipment, net 1,270 Total assets $ 2,275 Liabilities and Stockholders Equity Current abilities: Accounts payable $ 330 Accrued abilities 50 Notes payable, short term 40 Total current Habilities 420 Bonds payable 320 Total liabilities 740 Stockholders' equity: Common stock, $2 par value 200 Additional paid-in capital 330 Retained earnings 1.005 Total stockholders equity 1.535 Total Labilities & stockholders equity 5 2,275 5360 50 40 450 570 1,020 200 330 1990 1.520 $ 2.540 Income Statement For the Year Ended December 21 Year 2 in thousands of dollars) Sales all on account) Cost of goods sold Grosswagen Selling and addestrative expense Net operating income Test expense Net Income before taxes Income taxes 30 Net Income 31,590 2020 570 ser 65 20 45 16 $13 Dividends on common stock during Year 2 totaled $15 thousand. The market price of common stock at the end of Year 2 was $12.00 per share e Dividend yield ratio. (Round your "Percentage" answer to 2 decimal places.) f. Retum 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.) LIWorking capital (Input your answer in thousands of dollars.) J. Current ratio. (Round your answer to 2 decimal places.) Step by Step Solution
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