Total liabinties a stockinolders. equity kipoes seock Print ForthevearEndedbetesent31,rear2 sales (all on escount) cost of roods sold Gost or martin Selling and adninistrative expense Net operating income Interest expense Interest incoue before taxes Incone taxes (30%) Wet incone Dividends on common stock during Year 2 totaled $32 thousand. The market price of common stock at the end of Year 2 was $14.00 per share. Required: Requiredt 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 declmal place.) e. Dividend yield ratio. (Round your "Percontage" answer to 2 decimal places.) f. Return on total assets. (Do not round intermediate calculations. Round your "Percentage" answer to 2 decimal'places.) 9. Return on equity. (Round your "Percentage" answer to 2 decimal places.) h. Book value per share. (Round your answer to 2 decimal places.) i. 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 intermedlate calculations. Round your answer to 1 decimal 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 answer to 1 decimal place.) p. Times interest earned ratio. (Round your answer to 2 decimal places.) q. Debt-to-equity ratio. (Round your answer to 2 decimal places.) a. Gross margin percentage b. Eamings per share c. Price-eamings ratio d. Dividend payout ratio e. Dlvidend yleld ratio f. Retum on total assets stlon's most recent balance sheet and income statoment appear Income Statement or the Year Ended December 31, Year 2 (in thousands of dollars) \begin{tabular}{lr} (in thousands or doliars) & 1,560 \\ in account) & 990 \\ is sold & 570 \\ i & 475 \\ administrative expense & 95 \\ is income & 20 \\ rense & 75 \\ refore taxes & 23 \\ (30\%) & $52 \\ \hline \end{tabular} ommon stock during Year 2 totaled \$32 thousand. The market price ck at the end of Year 2 was $14.00 per share. allowing for Year 2: ipercentage. (Round your answer to 1 decimal place) wints Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance sheet December 31, Year 2 and Vear 1 (in thoustands of dollars) Year 2 current assets: Asset: cash Accounts receivable, net Inventory Prepaid expensef Total current assets plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Bonds payable Total Liabilities Stockholders' equity: Common stock, $2 par value Additional paid-in capital Retained earnings Total stockholder's' equity Total liabilities \& stockholders: equity Income Statement For the Year Ended December 31, Year 2 Sales (all (in thousands of dollars) cost of goods selling and ad and administrative expense ating income Net before taxes $220 360 330 20 930 1,180 $2,110 Income taxes (30\%) Net income Dividends on common stock during Year 2 totaled $32 thousand. The market price of common stock at the end of Year 2 was $14.00 per share. Required: Compute the following for Year 2 : a. Gross margin percentage. (Round your answer to 1 decimal place.)
