Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 31, Year 2 nd Year 1 in thousands of dollars) Year 2 Year 1 $ 150 220 190 20 580 760 $ 1,310 $ 190 240 160 20 610 740 $ 1,350 Assets Current assetst Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Plant and equipment, net Total assets Itabilities and stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Note payable, short term Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock, 92 par value Additional pald-in capital Retained earnings Total stockholders equity Total liabilities stockholders' equity S160 50 40 250 150 400 $ 190 50 40 280 180 460 200 330 110 940 $1,340 200 330 360 890 $ 1,350 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account S1,200 Cost of goods sold 730 Gross margin 470 Selling and administrative expense 335 Net operating income 135 Interest expense 21 Net income before taxes 114 Income taxes (304) 34 Not incomel $ 80 Dividends on common stock during Year 2 totaled $30 thousand. The market price of common stock at the end of Year 2 was $6,90 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 equity n. Book value per share Working capital J. Current ratio k. Acid-test (quick) ratio. 1. Accounts receivable turnover m. Average collection period in Inventory turnover o. Average sale period. p. Times interest earned ratio, q. Debt to equity ratio 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 equity. h. Book value per share. i. Working capital. j. Current ratio. k. Acid-test (quick) ratio. 1. Accounts receivable turnover. m. Average collection period. n. Inventory turnover. o. Average sale period. p. Times interest earned ratio. q. Debt-to-equity ratio