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) Assets Year 2 Year 1 Current assets: Cash $195 $ 280 Accounts receivable, net Inventory Prepaid expenses Total current assets Plant and equipment, net 310 330 280 250 20 20 805 880 1,030 1,100 Total assets $ 1,835 $1,980 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 250 $ 280 Accrued liabilities 50 50 Notes payable, short term 40 40 Total current liabilities 340 370 240 390 580 760 200 200 330 330 725 690 1,255 1,220 $ 1,835 $1,980 Bonds payable Total liabilities Stockholders' equity: Common stock, $2 par value Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities & stockholders' equity Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) 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 $1,440 900 540 425 115 30 85 26 $ 59 Dividends on common stock during Year 2 totaled $24 thousand. The market price of common stock at the end of Year 2 was $16.60 per share. 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.) L 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.) f. Return on total assets g. Return on equity h. Book value per share i. Working capital j. Current ratio k. Acid-test ratio % % 1. Accounts receivable turnover m. Average collection period n. Inventory turnover days o. Average sale period days p. Times interest earned ratio q. Debt-to-equity ratio