BRAMBLE CORPORATION Balance Sheets December 31 2022 2021 2020 Cash $ 31,000 $21,000 $ 19,000 Accounts receivable (net) 51,000 46,000 49,000 Other current assets 95,000 100,000 69,000 Investments Plant and equipment (net) 60,000 75,000 50,000 500,000 370,000 358,000 $737,000 $612,000 $545,000 Current liabilities $ 86,000 $81,000 $ 71,000 Long-term debt 150,000 90,000 55,000 Common stock, $10 par 325,000 315,000 305,000 Retained earnings 176,000 126,000 114,000 $737,000 $612,000 $545,000 BRAMBLE CORPORATION Income Statements For the Years Ended December 31 2022 2021 Sales revenue $745,000 $605,000 Less: Sales returns and allowances 41,000 31,000 Net sales 704,000 574,000 Cost of goods sold 430,000 355,000 Gross profit Operating expenses (including income taxes) 274,000 181,000 $ 93,000 219,000 151,000 $68,000 Net income Additional information: 1. The market price of Bramble's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 2. You must compute dividends pald. All dividends were paid in cash. Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin (Round answers to 1 decimal place. es. 1.5%) Gross profit rate (Round answers to 1 decimal place, eg. 1.5%) times (Round answers to 2 decimal places, es 1.83.) Asset turnover times Earnings per share $ (Round answers to 2 decimal places, eg. 183) Price earnings ratio times (Round answers to 1 decimal place, eg. 1.5.) Payout ratio (Round answers to decimal places, eg 15%) Debt to assets ratio (Round answers to decimal places, s. 15%)