1 answer

Requirements: A. Gross Margin Percentage B. Earnings Per Share C. Price-earnings Ratio D. Dividend Payout Ratio...

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 Corporations most recent balance sheet and income statement appear below: Requirements: Balance Sheet A. Gross Margin

Income Statement For the Year Ended December 31, Year2 (in thousand of dollars) Year 2 1,200 730 470 335 Sales (all on accoun

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

Thank you soooooo much.

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
Income Statement For the Year Ended December 31, Year2 (in thousand of dollars) Year 2 1,200 730 470 335 Sales (all on account) Cost of Goods Solds Gross Margin Selling and administrative expenses Net operating income Interest expenses Net Income before tax Income Tax (30%) 135 21 114 34 80 Net Income $

Answers

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%
.

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