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

Jergan Corporation Balance Sheets December 31
		2020			2019			2018
Cash		$ 29,600			$ 17,400			$ 18,900
Accounts receivable (net)		50,500			45,800			48,800
Other current assets		89,300			94,900			63,700
Investments		56,000			69,500			45,100
Plant and equipment (net)		499,800			370,100			357,000
		$725,200			$597,700			$533,500
Current liabilities		$84,900			$80,800			$69,100
Long-term debt		145,300			84,600			50,400
Common stock, $10 par		372,000			311,000			312,000
Retained earnings		123,000			121,300			102,000
		$725,200			$597,700			$533,500

Jergan Corporation Income Statement For the Years Ended December 31
		2020			2019
Sales revenue		$744,500			$605,500
Less: Sales returns and allowances		40,400			29,100
Net sales		704,100			576,400
Cost of goods sold		426,400			369,500
Gross profit		277,700			206,900
Operating expenses (including income taxes)		186,167			149,260
Net income		$ 91,533			$ 57,640

Additional information:

1.		The market price of Jergans 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, 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		enter a percentage number rounded to 1 decimal place	%		enter a percentage number rounded to 1 decimal place	%
(2)		Gross profit rate		enter a percentage number rounded to 1 decimal place	%		enter a percentage number rounded to 1 decimal place	%
(3)		Asset turnover		enter a number rounded to 2 decimal places	times		enter a number rounded to 2 decimal places	times
(4)		Earnings per share		$enter a dollar amount rounded to 2 decimal places			$enter a dollar amount rounded to 2 decimal places
(5)		Price-earnings ratio		enter a number rounded to 1 decimal place	times		enter a number rounded to 1 decimal place	times
(6)		Payout ratio		enter a percentage number rounded to 0 decimal places	%		enter a percentage number rounded to 0 decimal places	%
(7)		Debt to assets ratio		enter a percentage number rounded to 0 decimal places	%		enter a percentage number rounded to 0 decimal places	%