Condensed balance sheet and income statement data for Blue corporation are presented here. Please explain the work and how you got the answers.

Blue Corporation Income Statements For the Years Ended December 31 Sales revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross profit \begin{tabular}{lll} 741,000 & & 31,000 \\ 22,000 & & 572,000 \\ 428,000 & & 353,000 \\ \hline 274,000 & & 219,000 \end{tabular} Net income \begin{tabular}{ll} 181,000 & 151,000 \\ & $68,000 \\ \hline \end{tabular} Additional information: 1. The market price of Blue's common stock was $7.00.$7.50, and $8.50 for 2023,2024 , and 2025 , respectively. 2. You must compute dividends declared. All declared dividends were paid in cash in the year of declaration. (a) Compute the following ratios for 2024 and 2025 . Asset turnover times times (Round answers to 2 decimal places, eg. 1.83.) Earnings per share (Round answers to 2 decimal places, eg. 1.83) Price-earnings ratio times times (Round answers to 1 decimal place, es. 1.5.) Payout ratio \%. (Round answers to O decimal places, eg. 15\%) Debt to assets ratio 36 *. (Round answers to O decimal places, es. 15\%)