Current assets: Cash $ 400 $ 550 Accounts receivable 660 520 Inventory 410 570 Prepaid expenses 160 160 Total current assets 1,630 1,800 Plant and equipment, net 4,010 3,710 Total assets $ 5,640 $ 5,510 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 576 $ 470 Accrued liabilities 125 200 Notes payable, short term 400 240 Total current liabilities 1,101 910 Bonds payable 565 690 Total liabilities 1,666 1,600 Stockholders' equity: Preferred stock, $100 par value, 10% 1,650 1,650 Common stock, $1 par value 820 820 Additional paid-in capital--common stock 900 900 Retained earnings 604 540 Total stockholders' equity 3,974 3,910 Total liabilities & stockholders' equity $ 5,640 $ 5,510 Sales (all on account) $ 7,050 Cost of goods sold 4,590 Gross margin 2,460 Selling and administrative expense 1,501 Net operating income 959 Interest expense 46 Net income before taxes 913 Income taxes (30%) 274 Net income $ 639 Dividends on common stock during Year 2 totaled $410 thousand. Dividends on preferred stock totaled $165 thousand. The market price of common stock at the end of Year 2 was $9.66 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 common stockholder's equity h.book value per share i.working capital j.current ratio k.acid-test ratio l.accounts recievable turnover m.average collection period n.inventory turnover o. average sale period p. times interest earned q.debt to equity ratio