Hyrkas Corporation's most recent balance sheet and income statement appear below. Balance Sheet December 31, Year 2 and Year 1 Year 2 Year 1 Assets Current assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Plant and equipment, net Total assets $ 228 360 330 20 930 1,180 $2,110 $ 330 380 300 20 1,030 1,300 $2,330 5 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current Habilities Bonds payable Total abilities Stockholders' equity Common stock, 32 par value Additional paid in capital Retained earnings Total stockholders' equity Total abilities 4 stockholders' equity 5300 50 40 300 290 600 330 50 40 429 500 020 200 200 30 330 900 doo 12411 416 32.110 3230 Thcohe Statement For the Year Ended December 31, Year 2 Sales (all on account) Cost of goods sold Gross margin Selling and administrative expense Net operating Income Interest expense Net Income before taxes Income taxes (30) Net income $1,560 990 570 475 95 2e 75 23 5 52 Dividends on common stock during Year 2 totaled $32 The market price of common stock at the end of Year 2 was $14.00 per share. Dell k. Acid-test ratio EL Accounts receivable turnover days m. Average collection period n. Inventory turnover 0. Average sale period p. Times interest earned ratio q. Debt-to-equity ratio days