Condensed balance sheet and income statement data for Jergan Corporation are presented here. Jergan Corporation Balance Sheets December 31 2020 2019 2018 Cash $ 31,000 $ 16,200 $ 18,900 Accounts receivable (net) 50,900 45,000 48,700 Other current assets 89,300 94,700 63,300 Investments 54,500 69,900 45,000 Plant and equipment (net) 499,400 369,300 358,100 $725,100 $595,100 $534,000 Current liabilities $85,500 $79,000 $70,400 Long-term debt 144,500 84,700 49,200 Common stock, $10 par 378,000 309,000 306,000 Retained earnings 117,100 122,400 108,400 $725,100 $595,100 $534,000 Jergan Corporation Income Statement For the Years Ended December 31 2020 2019 Sales revenue $737,500 $605,800 Less: Sales returns and allowances 39,800 29,300 Net sales 697,700 576,500 Cost of goods sold 426,500 374,000 Gross profit 271,200 202,500 Operating expenses (including income taxes) 187,476 156,380 Net income $83,724 $ 46,120 Additional information: 1. The market price of Jergan's common stock was $7.00, $7.50, and $8.50 for 2018, 2019, and 2020, respectively. 2. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65. Round payout ratio and debt to assets ratio to 0 decimal places, e.g. 18%. Round all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) 2019 2020 (1) Profit margin % % (2) Gross profit rate % % (3) Asset turnover times times (4) Earnings per share $ $ (5) Price-earnings ratio times times (6) Payout ratio % % (7) Debt to assets ratio % %