The exceptional in-orbit performance of the International Ultraviolet Explo
rer (IUE) for more than eighteen years has made it possible to accumulate a
n invaluable database of ultraviolet observations of a wide variety of obje
cts and, in particular of active stars. Byrne et al. (1998) -hereafter Pape
r I-have presented a multiwavelength campaign of observations of the RS CVn
star II Peg, partially based on one of the latest series of IUE spectra of
this system. Here we investigate issues raised in Paper I such as the rota
tional modulation of chromospheric and transition region line fluxes and th
e long-term trends in the ultraviolet emission during the operational perio
d of the instrument, the definition of a mean quiescent state and the chang
es operated in the radiative output by the ocurrence of the most energetic
flare detected in this star. We also perform a differential emission measur
e analysis based on the emission line fluxes and construct empirical models
of the atmosphere of this star.