Income Statement For the Year Ended December 31, Year 2 ("I lhousands of dolars] Sales {all on account} $1,450 l[lost of goods sold 363 lGross margin 59? Selling and administrative expenses 26? Net operating income 33E] Interest expense 44 Net income before taxes 235 Income taxes {30%} 35 Net income $ 200 Dividends on common stock during Year 2 totaled $30 thousand. The market price of common stock at the end of Year 2 was $9.49 per share. Required: a. l[Zompute the gross margin percentage for Year 2. [Round your answer to one decimal place. e.g. E1234 = 12.3%.} b. l[Zompute the eamings per share [of common stock] for Year 2. [Round your answer to 2 decimal places} c. Compute the priceearnings ratio for Year 2. {Do not round intermediate calculations. Round your answer to one decimal place.] :| d. Compute the dividend payout ratio for Year 2. [Do not round intermediate calculations. Round your answer to one decimal place. e.g. {11234 = 12.3%.] i e. Compute the dividend yield ratio for Year 2. {Round your answer to 2 decimal places. e.g. 0.1234 = 12.34%.) i f. Compute the retum on total assets for Year 2. [Do not round intermediate calculations. Round your answer to 2 decimal places. e.g. i].1234 = 12.34%} i 9. Compute the retum on common stockholders' equity for Year 2. [Round your answer to 2 decimal places. e.g. l].1234 = 12.34%] h. Compute the book value per share for Year 2. [Round your answer to 2 decimal places.} i i. Compute the working capital for Year 2. [Input your answer in thousands of dollars, e.g. 51 lm-DI] is 190.} l j. Compute the current ratio for Year 2. [Round your answer to 2 decimal places] i it. Compute the acidtest ratio for Year 2. [Round your answer to one decimal placed: l l. Compute the accounts receivable tumoyer for Year 2. [Round your answer to 2 decimal places.] m. Compute the average collection period for'r'ear 2. {Use 365 clays in a year. Do not round intermediate calculations. Round your answer to one decimal place.] _ n. llilompute the inyentory turnover for Year 2. [Round your answer to 2 decimal places.) i o. Compute the average sale period for Year 2. {Use 365 days in a year. Do not round intermediate calculations. Round your answer to one decimal place.} _ p. l[Zompute the times interest eamed for Year 2. (Round your answer to 2 decimal places.} i q. Compute the dehttoequity ratio for Year 2. [Round your answer to 2 decimal places. e.g. E1234 = i112} i