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 $ 185 $ 260 Accounts receivable, net 298 310 Inventory 268 230 Prepaid expenses 28 20 Total current assets 755 820 Plant and equipment, net M Total assets $ 1,725 $ 1,340 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 238 $ 260 Accrued liabilities 58 50 Notes payableJ short term 48 40 Total current liabilities 328 350 Bonds payable 228 330 Total liabilities 54B 680 Stockholders' equity: Common stock, $2 par value 288 280 Additional paidin capital 338 330 Retained earnings 655 630 Total stockholdersJ equity 1,185 1,160 Total liabilities & stockholders' equity $ 1:725 $ 15340 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account] $ 1,330 Cost of goods sold 336 Gross margin 580 Selling and administrative expense 405 Net operating income 95 Interest expense 28 Net income before taxes 75 Income taxes (38%) 23 Net income $ 52 Dividends on common stock during Year 2 totaled $2? thousand. The market price of common stock at the end of Year 2 was $16.30 per share. Required: 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.) :1. Priceearnings 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.) 9. 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. Acidtest (quick) ratio. {Round your answer to 2 decimal places.) |. 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.) 0. 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-eq uity ratio. {Round your answer to 2 decimal places.) . Gross margin percentage . Priceeam ings ratio a b. Earnings per share c d . Dividend payout ratio e. Dividend yield ratio f. Retum on total assets g. Retum on equity h. Book value per share i. Working ca pilel j. Cu rrent ratio k. Acid-test ratio LAccounts receivable tumover m. Average collection period days n. Inventory turnover 0. Average sale period days p. Times interest earned ratio q. Debttorequity ratio