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this is all one question. TB Problem Qu. 15-257 Hyrkas Corporation's most recent balance ... Year Hyrkas Corporation's most recent balance sheet and income statement

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TB Problem Qu. 15-257 Hyrkas Corporation's most recent balance ... Year Hyrkas Corporation's most recent balance sheet and income statement appear below. Balance Sheet December 31, Year 2 nd Year 1 (in thousands of dollars) Year 2 Assets Current assets Canh $ 210 Nccounts receivable, net 340 Twentory Prepaid expenses 20 Total current assets 880 Plant and equipment, not 1,120 Total assets $2,000 7 310 $310 360 280 20 970 1,220 92,190 $ 200 50 310 50 40 400 Liabilities and Stockholders' Equity Current liabilities Necounts payable Neerued liabilities Notes payable, short term Total current liabilities Bonds payable Total liabilities Stockholders' equity Common stock, 52 par value Mitional pain capital Retained earnings Total stockholders equity Total liabilities stockholders' equity 370 270 640 440 40 200 330 910 200 330 020 52.000 190 Incolato Po the Tearded Deceber 31, Tear 2 in thousands of dollars) Bale ( Nount) Coat of poods sold 1,0 550 Incore utement Tor the Year Ended December 31, Year 2 in thousands of dollars) Salon (al on necount) Cont of goods sold Cross margin Belling and administrative expense Net operating income Interest expense Net Income before taxe Income tax (309) Not income $1,490 940 550 455 95 20 75 23 52 Dividends on common stock during Year 2 totaled $42 thousand. The market price of common stock at the end of Year 2 was $11.20 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.) 1. 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) n. Book value per share. (Round your answer to 2 decimal places.) L 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.) 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.) 0. Average sale period. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to a decimal place) p. Times interest earned ratio. (Round your answer to 2 decimal places.) 9. Debt-to equity ratio (Round your answer to 2 decimal places.) MacBook Air in. Book value per share. (Round your answer to 2 decimal places.) 1. 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.) 1. 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 you 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 answe p. Times interest earned ratio. (Round your answer to 2 decimal places.) 9. Debt-to-equity ratio. (Round your answer to 2 decimal places.) % RRR a. Gross margin percentage b. Earnings per share c. Price-earings ratio d. Dividend payout ratio 0. Dividend yield ratio 1. Return on total assets 9. Return on equity h. Book value per share Working capital i Current ratio k. Acid-test ratio 1. Accounts receivable turnover m. Average collection period n Inventory turnover 0 Average sale period p. Timen interest eamed ratio 9 Debt-to-equity ratio days days

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