Condensed balance sheet and income statement data for Jergan Corporation are presented here. Jergan Corporation Balance Sheets December 31 2020 2019 2018 Cash $ 30,100 $ 16,600 $ 17,500 Accounts receivable (net) 49,300 45,000 48,200 Other current assets 89,000 94,300 63,700 Investments 55,500 69,400 46,000 Plant and equipment (net) 499,500 370,700 357,700 $723,400 $596,000 $533,100 Current liabilities $84,300 $79,000 $70,500 Long-term debt 145,400 84,300 50,400 Common stock, $10 par 363,000 311,000 301,000 Retained earnings 130,700 $723,400 121,700 $596,000 111,200 $533,100 Jergan Corporation Income Statement For the Years Ended December 31 2020 2019 Sales revenue $741,500 $606,000 Less: Sales returns and allowances 40,200 29,500 Net sales 701,300 576,500 Cost of goods sold 426,500 369,500 Gross profit 274,800 207,000 Operating expenses (including income taxes) 183,631 149,350 Net income $ 91,169 $ 57,650 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. (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 Gross profit rate (3) Asset turnover times times Earnings per share $ (5) Price-earnings ratio times times (6) Payout ratio (7) Debt to assets ratio