Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Assets Current assets: Cash $ 200 $ 290 Accounts receivable, net 320 340 Inventory 290 260 Prepaid expenses 20 20 Total current assets 830 910 Plant and equipment, net 1,060 1,140 Total assets $ 1,890 $ 2,050 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 260 $ 290 Accrued liabilities 50 50 Notes payable, short term 40 40 Total current liabilities 350 380 Bonds payable 250 420 Total liabilities 600 800 Stockholders equity: Common stock, $2 par value 200 200 Additional paid-in capital 330 330 Retained earnings 760 720 Total stockholders equity 1,290 1,250 Total liabilities & stockholders equity $ 1,890 $ 2,050 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) $ 1,450 Cost of goods sold 910 Gross margin 540 Selling and administrative expense 435 Net operating income 105 Interest expense 20 Net income before taxes 85 Income taxes (30%) 26 Net income $ 59 Dividends on common stock during Year 2 totaled $19 thousand. The market price of common stock at the end of Year 2 was $9.90 per share. Required: Compute the following for Year 2: a. Gross margin percentage. (Round your answer to 1 decimal place.) b. Earnings per share. (Round your answer to 2 decimal places.) c. Price-earnings ratio. (Do not round intermediate calculations. Round your answer to 1 decimal place.) d. Dividend payout ratio. (Do not round intermediate calculations. Round your "Percentage" answer to 1 decimal place.) e. Dividend yield ratio. (Round your "Percentage" answer to 2 decimal places.) f. Return on total assets. (Do not round intermediate calculations. Round your "Percentage" answer to 2 decimal places.) g. Return on equity. (Round your "Percentage" answer to 2 decimal places.) h. Book value per share. (Round your answer to 2 decimal places.) i. Working capital. (Input your answer in thousands of dollars.) j. Current ratio. (Round your answer to 2 decimal places.) k. Acid-test (quick) ratio. (Round your answer to 2 decimal places.) l. Accounts receivable turnover. (Round your answer to 2 decimal places.) m. Average collection period. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 1 decimal place.) n. Inventory turnover. (Round your answer to 2 decimal places.) o. Average sale period. (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 1 decimal place.) p. Times interest earned ratio. (Round your answer to 2 decimal places.) q. Debt-to-equity ratio. (Round your answer to 2 decimal places.)