Question

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

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

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

Thank you soooooo much.

Answer 1

A	Gross margin percentage = gross profit/sales	470/1200	39%
B	EPS = net income/number of shares outstanding	80/100	0.8
	number of shares	200/2	100
C	Price earning ratio = market price/EPS	market price/.8	market price is not given
D-	dividend pyout ratio = dividend paid/net income	30/80	37.5%
	portion of net income transferred to retained earning = year end balance of retained earnings-beginning balance	(410-360)	50
	amount of dividend = net income- portion of retained earning transferred to retained earning	80-50	30
E	Dividend Yield ratio = dividend paid/market price	30/market price	market price is not given
F	return on total assets = net income/average of total assets	80/1345	5.95%
	average of total assets	(1340+1350)/2	1345
G	return on equity = net income/average of equity	80/915	8.74%
	average equity	(940+890)/2	915
H	book value per share = total of equity/number of shares	940/200	4.7
I	working capital = total of current assets- total of current liabilities	580-250	330
J	current ratio = total of current assets/total of current liabilities	580/250	2.32
K	Acid test ratio = quick assets/total of current liabilities   quick assets = total of current assets- inventory-prepaid expenses	(580-190-20)/250	1.48
L	Accounts receivable turnover = sales/average accounts receivable	1200/230	5.22
	average accounts receivables	(220+240)/2	230
M	average collection priod = 365/accounts receivable turnover ratio	365/5.22	69.92
N	inventory turnover = cost of goods sold/average inventory	730/175	4.17
	average inventory	(190+160)/2	175
O	average sales period =365/inventory turnover ratio	365/4.17	87.53
P	Times interest earned = operating profit/interest	135/21	6.43
Q	Debt to equity ratio = total of liabilities/total of equity	400/940	42.55%