Condensed balance sheet and income statement data for Concord Corporation are presented here.

CONCORD 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		98,000		103,000		72,000
Investments		63,000		78,000		53,000
Plant and equipment (net)		500,000		370,000		358,000
		$743,000		$618,000		$551,000
Current liabilities		$ 86,000		$ 81,000		$ 71,000
Long-term debt		153,000		93,000		58,000
Common stock, $10 par		328,000		318,000		308,000
Retained earnings		176,000		126,000		114,000
		$743,000		$618,000		$551,000

CONCORD CORPORATION Income Statements For the Years Ended December 31
		2022		2021
Sales revenue		$748,000		$608,000
Less: Sales returns and allowances		40,280		29,345
Net sales		707,720		578,655
Cost of goods sold		432,684		357,740
Gross profit		275,036		220,915
Operating expenses (including income taxes)		180,676		150,914
Net income		$ 94,360		$ 70,001

Additional information:

1.		The market price of Concords common stock was $7.00, $7.84, and $7.30 for 2020, 2021, and 2022, respectively.
2.		You must compute dividends paid. All dividends were paid in cash.

(a) Compute the following ratios for 2021 and 2022. (Round earnings per share and asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 1.8%.)

		2022			2021
Profit margin		enter Profit margin in percentages rounded to 1 decimal place	%		enter Profit margin in percentages rounded to 1 decimal place	%
Gross profit rate		enter Gross profit rate in percentages rounded to 1 decimal place	%		enter Gross profit rate in percentages rounded to 1 decimal place	%
Asset turnover		enter number of Asset turnover in times rounded to 2 decimal places	times		enter number of Asset turnover in times rounded to 2 decimal places	times
Earnings per share		$enter Earnings per share in dollars rounded to 2 decimal places			$enter Earnings per share in dollars rounded to 2 decimal places
Price-earnings ratio		enter number of Price-earnings ratio in times rounded to 1 decimal place	times		enter number of Price-earnings ratio in times rounded to 1 decimal place	times
Payout ratio		enter Payout ratio in percentages rounded to 1 decimal place	%		enter Payout ratio in percentages rounded to 1 decimal place	%
Debt to assets ratio		enter Debt to assets ratio in percentages rounded to 1 decimal place	%		enter Debt to assets ratio in percentages rounded to 1 decimal place	%