Question

Hyrkas Corporations most recent balance sheet and income statement appear below: Balance Sheet December 31, Year 2 and Year

$1,250 income statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) Cost of goods



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please show me how to arrive at all the answers
thanks so much and have a great day

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Answer #1
a)
Gross Profit Margin = Gross Profit / Sales
= $470/1250
=37.6 %
b) Earning Per Shares = Net Income/ Average Number Of Shares Outstanding
= $45/117.5
= $ 0.38
c) Price-earning ratio =Price Per Share/ Earning Per Share
= $15.3/0.38
= 40.26 times
d) Payout Ratio = Dividend Per Share/ Earning Per Share
= $0.3/0.38
= 78.95 %
e) Dividend Yield Ratio = Dividend Per Share / Price Per Share
= $0.3/15.3
=1.96%
f) Average Assets = (beginning Assets + ending Assets)/2
= ( $1700+1615)/2
= $ 1657.5
Return On Assets = Net Income / Average Assets
= $45/1657.5
=2.71 %
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