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Condensed balance sheet and income statement data for Jergan Corporation are presented here. Additional information: 1. The market price of Jergan's common stock was $7.00,$7.50,
Condensed balance sheet and income statement data for Jergan Corporation are presented here. 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. 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. (a) Compute the following ratios for 2019 and 2020 . Where necessary, compute a simple average number of shares to approximate the weighted average number of shares. (Round Asset turnover and Earnings per share to 2 decimal places, eg. 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%.)
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