Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Requirements: A. Gross Margin Percentage B. Earnings Per Share C. Price-earnings Ratio D. Dividend Payout Ratio E. Dividend Yield Ratio F. Return on Total Assets

Requirements:
A. Gross Margin Percentage
B. Earnings Per Share
C. Price-earnings Ratio
D. Dividend Payout Ratio
E. Dividend Yield Ratio
F. Return on Total Assets
G. Return on Equity
H. Book Value per share
I. Working Capital
J. Current Ratio
K. Acid-test Ratio
L. Accounts receivables turnover
M. Average Collection Period
N. Inventory turnover
O. Average Sale Period
P. Times-Interest Earned
Q. Debt-to-Equity Ratio

image text in transcribed

image text in transcribed

Please Show A step-by-step Solutions; (Only for Genius)

Thank you soooooo much.

Hykas Corporation's most recent balance sheet and income statement appear below: Requirements: Balance Sheet A. Gross Margin Percentage December 31, Year 2 and Year 1 B. Earnings Per Share (in thousand of dollars) C. Price-earnings Ratio D. Divident Payout Ratio ASSETS: Year 2 Year 1 E. Dividend Yield Ratio Current assets: F. Return on Total Assets Cash $ 150 190 G. Return on Equity Account receivable 220 2400 H. Book Value per sahre Inventory 190 160 1. Working Capital Prepaid Expenses 20 20 J. Current Ratio Total current assets 580 610 K. Acid-test Ratio Plant and euipment, net 760 740 L. Accounts receivables turnover Total assets $ 1,340 1,350 M. Average Collection Period LIABILITIES AND STOCKHOLDERS' EQUITY N. Inventory tunrover Current liabilities: O. Average Sale Period Accounts payable $ 160 190 P. Timesinterest Earned Accrued liabilities 50 50 Q. Debt-to-Equity Ratio Notes payable, short term Total current liabilities 250 280 Bonds payable 150 180 Total liabilities 400 460 Stockholder's equity: Common stock, $2 par value 200 200 Additional paid-in capital-common stock 330 330 Retained earnings 410 360 Total stockholders's equity 940 890 Total liabilities and stockholder's equity 1,340 1,350 Income Statement For the Year Ended December 31, Year2 (in thousand of dollars) Year 2 1,200 730 470 335 Sales (all on account) Cost of Goods Solds Gross Margin Selling and administrative expenses Net operating income Interest expenses Net Income before tax Income Tax (30%) 135 21 114 34 80 Net Income $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing, Chapter 17 - Off-Balance-Sheet Shams

Authors: Kate Mooney

1st Edition

0071719393, 9780071719391

More Books

Students also viewed these Accounting questions