Compute the following ratios for 2017 and 2018

Condensed balance sheet and income statement data for Landwehr Corporation LANDWEHR CORPORATION Balance Sheets December 31 2018 2017 2016 Cash $ 24,600 $ 17,400 $ 18,900 Accounts receivable (net) 50,500 45,800 48,800 Other current assets 89,300 94,900 63,700 Investments 76,000 69,500 45,100 Plant and equipment (net) 399,800 370,100 357,000 $640,200 $597,700 $533,500 Current liabilities $74,900 $80,800 $69,100 Long-term debt 80,300 84,600 50,400 Common stock, $10 par 392,000 311,000 312,000 Retained earnings 93,000 121,300 102,000 $640,200 $597,700 $533,500 LANDWEHR CORPORATION Income Statement For the Years Ended December 31 2018 2017 Sales revenue $744,500 $705,500 Less: Sales returns and allowances 40,400 49,100 Net sales 704,100 656,400 Net sales 704,100 656,400 Cost of goods sold 419,500 397,500 Gross profit 284,600 258,900 Operating expenses (including income taxes) 219,500 220,000 Net income $ 65,100 $ 38,900 Additional information: 1. The market price of Landwehr's common stock was $2.00, $6.00, and $9.00 for 2016, 2017, and 2018, respectively. 2. All dividends were paid in cash. (3) Compute the following ratios for 2017 and 2018. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) 2017 2018 (1) Prot margin % % (2) Asset turnover times times (3) Earnings per share. (Weightedaverage common shares in 2018 were 30,900 and in 2017 were 29,300.) $ $ (4) Price-earnings ratio times times (5) Payout ratio % % (6) Debt to assets ratio % %