Condensed balance sheet and income statement data for Jergan Corporation are presented here Jergan Corporation Balance Sheets December 31 2019 $17,000 44,300 94,500 70,000 370,600 $725,900 $596,400 $532,500 $79,800 84,300 310,000 122,300 $725,900 $596,400 $532,500 2020 $ 29,600 50,600 90,300 55,000 500,400 2018 Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $17,600 48,300 64,500 44,700 357,400 Current liabilities Long-term debt Common stock, $10 par Retained earnings $85,400 144,900 351,000 144,600 $69,900 50,900 300,000 111,700 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 $737,000 $605,800 30,300 575,500 370,000 205,500 147,950 83,676 $57,550 39,700 697,300 425,500 271,800 188,124 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 he follo ng ratios for 2019 and 6.8 or 6.8%.) 020 Round Asset turnover and Earnings per share to 2 declmal places, e. 1.65 Round payout ratio and debt to assets ratio to 0 decimal places, e-U 18% Round all other answers to 1 dec mal place, eq. 2019 2020 (1) Profit marglin (2) Gross profit rate (3) Asset tunover (4) Eamings per share times times (5) Price-earnings ratio (6) Payout ratio (7) Debt to assets ratio times times