Hyrkas Corporation's most recent balance sheet and income statement appear below:
Dividends on common stock during Year 2 totaled $30 thousand. The market price of common stock at the end of Year 2 was $6.90 per share.Required:Compute the following for Year 2: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 (quick) ratio.l. Accounts receivable turnover.m. Average collection period.n. Inventory turnover.o. Average sale period.p. Times interest earned ratio.q. Debt-to-equity ratio.
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