Using the balance Sheet and Income Statement Below: 1. Gross Margin Percentage? 2. Earnings per share (of common stock)? 3. Price-earnings ratio? 4. Divident payout ratio? 5. Divident yield ratio? 6. Return on total assests? 7. Return on common stocholders equity? 8. Book value per share? 9. Working capital? 10. Current ratio? BALANCE SHEET current assets year 2 year 1 cash 180000 150000 accounts receivable 200000 190000 inventory 140000 140000 prepaid expense 100000 90000 total current assests 620000 570000 plant & equipment net 780000 800000 total assests 1400000 1370000 Current liabilities accounts payable 110000 130000 accrued liabilities 80000 70000 notes payable, short term 60000 60000 total current liabilities 250000 260000 bonds payable 220000 240000 total liabilities 470000 500000 stock holders equity: yr 1 yr 2 preferred stock, $100 par value, 5% 200000 200000 common stock, $2 par value 400000 400000 additional paid in capital – common stock 100000 100000 retained earnings 230000 170000 total stock holders equity 930000 870000 total liabilities and stock holders equity 1400000 1370000 INCOME STATEMENT for the year ended Dec 31, (YEAR 2) Sales all on account 1130000 Cost of goods sold 700000 Gross margin 430000 Selling and administrative expense 244000 Net operating income 186000 Interest expense 29000 Net income before taxes 157000 Income taxes (30%) 47000 Net Income 110000