Blue Company manufactures backpacks. During 2022, Blue issued bonds at 12% interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Blue Company for the years 2022 and 2021.

		2022		2021
Sales revenue		$19,800,000		$19,800,000
Net income		4,928,000		5,500,000
Interest expense		675,000		189,000
Tax expense		1,474,000		1,650,000
Dividends paid on common stock		1,201,500		1,385,100
Dividends paid on preferred stock		405,000		405,000
Total assets (year-end)		31,900,000		37,125,000
Average total assets		34,512,500		23,980,050
Total liabilities (year-end)		8,100,000		4,050,000
Avg. total common stockholders equity		12,690,000		19,035,000

(a) Use the information above to calculate the following ratios for both years: (Round answers to 1 decimal place, e.g. 12.5% or 12.5.)

				2022			2021
(1)		Return on assets		enter return on assets in percentages	%		enter return on assets in percentages	%
(2)		Return on common stockholders equity		enter return on common stockholders equity ratio in percentages	%		enter return on common stockholders equity ratio in percentages	%
(3)		Payout ratio		enter payout ratio in percentages	%		enter payout ratio in percentages	%
(4)		Debt to assets ratio		enter debt to assets ratio in percentages	%		enter debt to assets ratio in percentages	%
(5)		Times interest earned		enter times interest earned	times		enter times interest earned	times