The comparative financial statements prepared at December $31,$ year $2,$ for Goldfish Company showed the following summarized data:

Year $2$ Year $1$

Statement of Earnings

Sales revenue $ $241,700*$ $ $205,000$

Cost of sales $181,850153,000$

Gross profit $59,85052,000$

Operating expenses and interest expense $45,51040,500$

Earnings before income taxes $14,34011,500$

Income tax expense $3,6102,700$

Net earnings $ $10,730$ $ $8,800$

Statement of Financial Position

Cash $ $4,230$ $ $8,500$

Accounts receivable $($net$)17,45021,000$

Inventory $44,48039,000$

Property, plant, and equipment $($net$)45,50038,500$

$ $111,660$ $ $107,000$

Current liabilities $($no interest$)$ $ $13,780$ $ $16,500$

Long$-$term debt $($interest rate: $10\%)43,15039,000$

Common shares $(6,000$ shares$)30,00030,000$

Retained earnings$24,73021,500$

$ $111,660$ $ $107,000$

$*$One$-$third was credit sales.

$$During Year $2,$ cash dividends amounting to $$7,500$ were declared and paid.

Required:

$1.$ Present component percentages for Year $2$ only. $($Input all amounts as positive values. Round the final answers to the nearest whole percent. Percentages may not add exactly due to rounding.$)$

Compute the following for year $2$:

$2-$a$.$ Gross profit margin ratio. $($Round percentage answer to $1$ decimal place i$.$e$.,0\mathrm{.}124$ should be entered as $12\mathrm{.}4.)$

$2-$b$.$ Income tax rate. $($Round percentage answer to $1$ decimal place i$.$e$.,0\mathrm{.}124$ should be entered as $12\mathrm{.}4.)$

$2-$c$.$ Net profit margin ratio. Was it a good or poor indicator of performance? $($Round percentage answer to $2$ decimal places i$.$e$.,0\mathrm{.}1243$ should be entered as $12\mathrm{.}43.)$

$2-$d$.$ Percentage of total resources invested in property, plant, and equipment. $($Round percentage answer to $2$ decimal places i$.$e$.,0\mathrm{.}1243$ should be entered as $12\mathrm{.}43.)$

$2-$e$.$ Debt$-$to$-$equity ratio. Interpret the result. $($Round the final answer to $2$ decimal places.$)$

$2-$f$.$ Return on assets. $($Round intermediate calculations to $3$ decimal places and percentage answer to $2$ decimal places i$.$e$.,0\mathrm{.}1243$ should be entered as $12\mathrm{.}43.)$

$2-$g$.$ Return on equity. $($Round percentage answer to $2$ decimal places i$.$e$.,0\mathrm{.}1243$ should be entered as $12\mathrm{.}43.)$