Siam Corporation's most recent balance sheet and income statement appear below:

Statement of Financial Position

December 31, Year 2 and Year 1

(in thousands of dollars)

Year 2

Year 1

Assets

Current assets:

Cash

Php 100

Php 140

Accounts receivable

160

180

Inventory

210

190

Prepaid expenses

40

50

Total current assets

510

560

Plant and equipment, net

860

820

Total assets

Php1,370

Php1,380

Liabilities and Stockholders Equity

Current liabilities:

Accounts payable

Php 160

Php 180

Accrued liabilities

80

80

Notes payable, short term

80

80

Total current liabilities

320

340

Bonds payable

70

100

Total liabilities

390

440

Stockholders equity:

Preferred stock, Php100 par value, 10%

200

200

Common stock, Php1 par value

200

200

Additional paid-in capitalcommon stock

130

130

Retained earnings

450

410

Total stockholders equity

980

940

Total liabilities & stockholders equity

Php1,370

Php1,380

Income Statement

For the Year Ended December 31, Year 2

(in thousands of dollars)

Sales (all on account)

Php1,350

Cost of goods sold

820

Gross margin

530

Selling and administrative expense

399

Net operating income

131

Interest expense

17

Net income before taxes

114

Income taxes (30%)

34

Net income

Php 80

Dividends on common stock during Year 2 totaled Php20 thousand. Dividends on preferred stock totaled Php20 thousand. The market price of common stock at the end of Year 2 was Php2.88 per share.

Required:

Compute the following for Year 2:

a. Gross margin percentage.

b. Earnings per share (of common stock).

c. Price-earnings ratio.

d. Dividend payout ratio.

e. Dividend yield ratio.

f. Return on total assets.

g. Return on common stockholders' equity.

h. Book value per share.

5. Siam Corporation when we Stutement of Financial Position December Year and Year intends of dollar Mp 30 H Accounts receivable Prepaid expres Tel. Pantanal que 510 Les and Security Current Accountable Aceites Notes payable choter Total abilities Beds payable Tocal Stockholders equity Prefered stock. Pp100 value Commons Pplar Additional paid income Retained coming To holdn't Totallites & Mockery 29479) ***813 Income For the Year Ended December 1, 2 in thousands of dollar Mous Sales all Cost of poede sol Sdling and administrative expene Net operating income Interest Net income before |: Net Income preferred to taked Php3tund. The prima condut Year 2 where a. Gre prea b. Emin perhe for comme stock c. Price-camins ratio d. Did you C. Dividend yield f. Hemen L. Retoon.com h. Book var han Statement of Financial Position December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year Assets Current assets Cash Accounts receivabic Inventory Prepaid expenses Total current assets Plant and equipment, net Php 10 Php 14 0 160 210 190 40 510 860 Phpl 37 Phol. Total assets Liabilities and Stockholders' Equity Current liabilities: Php 16 Php 18 0 0 SO 80 320 340 70 100 390 Accounts payable Accrued liabilities Notes payable, short term Total current Isabelites Bonds payable Total liabilities Stockholders' equity Preferred stock, Php100 par value. 10% Common stock, Phpl par value Additional paid in capital common stock Retained earings Total stockholders' equity Total liabilities & stockholders' equity 200 200 200 200 130 130 450 410 980 940 Php1.37 Pels 9 Income Statement For the Year Ended December 31. Year 2 (in thousands of dollars) Sales (all on account) Cost of goods sold Gross margin Selling and administrative expense Php1,35 0 820 330 199 131 Net operating income Interest expense Net income before taxes Income taxes (30%) Php8 Net income Dividends on common stock during Year 2 totaled Php20 thousand. Dividends on preferred stock totaled Php20 thousand. The market price of common stock at the end of Year 2 was Php2.88 per share