The comparative financial statements prepared at December 31, year 2, for Goldfish Company showed the following summarized data: Statement of Earnings Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxe Income tax expense Net earnings Statement of Financial Position Cash $277,140* $235,000 220,730 186,000 56,410 49,000 41,320 36,900 15,090 12,100 3,990 3,000 Accounts receivable (net) Inventory Property, plant, and equipment (net) Current liabilities (no interest) Non-current liabilities (10% interest) Common shares (6,000 shares) Retained earnings $ 11,100 $ 9,100 $ 4,880 $ 9,800 18,700 47,910 43,730 $115,220 $ 15,130 42,590 30,000 22,500 42,000 37,000 $111,300 $ 18,300 39,400 30,000 23,600 27,500 $115,220 $111,300 "One-third was credit sales. +During Year 2, cash dividends amounting to $7,200 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.) Statement of eamings Sales revenue Cost of sales Gross margin Operating expenses and interest expense Eamings before income taxes Income tax expanse Not Gamings Statement of Snancial position: Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Current abilities Long-term abilities Component Percentages Year 2 Common shares Retained earnings Total liabilities and shareholders' equity % Compute the following for year 2: 2-a. Percentage markup on sales. (Round percentage answer to 1 decimal place (ie., 0.124 should be entered as 12.4).) Average percentage 2-b. Income tax rate. (Round percentage answer to 1 decimal place (i.e., 0.124 should be entered as 12.4).) Average income tax 2-c. Net profit margin ratio. Was it a good or poor indicator of performance? (Round percentage answer to 2 decimal places (.e., 0.1243 should be entered as 12.43).) Net profit margin rado 2-d. Percentage of total resources invested in property, plant, and equipment. (Round percentage answer to 2 decimal places (.e., 0.1243 should be entered as 12.43).) Percentage 2-e. Debt-to-equity ratio. Interpret the result. (Round the final answer to 2 decimal places.) Debt-to-equity ratio 2- Return on assets. Assume that long-term debt increased to $42,590 in month 1 of year 2. (Round intermediate calculations to 3 decimal places and percentage answer to 2 decimal places (ie., 0.1243 should be entered as 12.43).) Return on assets 2-g. Return on equity. (Round percentage answer to 2 decimal places (ie., 0.1243 should be entered as 12.43).) Return on equity