Condensed balance sheet and income statement data for Jergan Corporation are presented here. Jergan Corporation Balance Sheets December 31 2020 2019 2018 Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $ 30,800 50,500 89,600 55,300 500,500 $726,700 $ 17,600 44,200 94,900 71,000 370,000 $ 18,700 47,100 63,900 45,100 358,500 $533,300 $597,700 Current liabilities Long-term debt Common stock, $10 par Retained earnings $85,500 144,300 348,000 148,900 $726,700 $79,800 84,100 316,000 117,800 $597,700 $69,400 50,300 304,000 109,600 $533,300 Jergan Corporation Income Statement For the Years Ended December 31 2020 2019 Sales revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses (including income taxes) Net income $738,000 39,100 698,900 425,600 273,300 182,443 $605,500 29,900 575,600 367,000 208,600 151,040 $57,560 $ 90,857 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. You must compute dividends paid. All dividends were paid in cash. 2. (a) Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65. Rou payout ratio and debt to assets ratio to O 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 % %