Condensed balance sheet and income statement data for Clarence Corporation appear below.

Clarence Corporation Balance Sheets December 31
2014	2013	2012
Cash	$25,000	$20,000	$18,000
Receivables (net)	50,000	45,000	48,000
Other current assets	90,000	95,000	64,000
Investments	75,000	70,000	45,000
Plant and equipment (net)	400,000	370,000	358,000
$640,000	$600,000	$533,000
Current liabilities	$70,000	$75,000	$70,000
Long-term debt	80,000	85,000	50,000
Common stock, $10 par	345,000	315,000	300,000
Retained earnings	145,000	125,000	113,000
$640,000	$600,000	$533,000

Clarence Corporation Income Statement For the Years Ended December 31
2014	2013
Sales revenue	$740,000	$700,000
Less: Sales returns and allowances	40,000	60,000
Net sales	700,000	640,000
Cost of goods sold	420,000	400,000
Gross profit	280,000	240,000
Operating expenses (including income taxes)	238,000	208,000
Net income	$42,000	$32,000

Additional information:

1.	The market price of Clarences common stock was $4, $5, and $8for 2012, 2013, and 2014, respectively.
2.	All dividends were paid in cash.

Compute the following ratios for 2013 and 2014. (Round Earnings per share to 2 decimal places, e.g.1.65, and all others to 1 decimal place, e.g. 6.8 or 6.8% .)

2013	2014
1.	Profit margin		%		%
2.	Asset turnover.	1.1	times	1.1	times
3.	Earnings per share. (Weighted-average common shares in 2014 were32,000and in 2013 were31,000.)	$	$
4.	Price-earnings.		times		times
5.	Payout.		%		%
6.	Debt to total assets.		%