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

Jergan Corporation Balance Sheets December 31
		2020			2019			2018
Cash		$ 29,700			$ 17,300			$ 17,100
Accounts receivable (net)		49,500			45,800			49,000
Other current assets		89,800			95,700			63,900
Investments		55,100			69,300			45,600
Plant and equipment (net)		500,800			369,900			358,000
		$724,900			$598,000			$533,600
Current liabilities		$84,500			$80,200			$69,100
Long-term debt		145,100			84,100			49,100
Common stock, $10 par		354,000			321,000			308,000
Retained earnings		141,300			112,700			107,400
		$724,900			$598,000			$533,600

Jergan Corporation Income Statement For the Years Ended December 31
		2020			2019
Sales revenue		$744,500			$606,300
Less: Sales returns and allowances		40,900			29,700
Net sales		703,600			576,600
Cost of goods sold		426,600			369,000
Gross profit		277,000			207,600
Operating expenses (including income taxes)		178,496			155,706
Net income		$ 98,504			$ 51,894

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. (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 9 % 14 % (2) Gross profit rate 36 % 39 % (3) Asset turnover 1.02 times 1.06 times (4) Earnings per share $ 51894 $ 98,504 (5) Price-earnings ratio times times (6) Payout ratio % % (7) Debt to assets ratio % %