Condensed balance sheet and income statement data for Landwehr Corporation appear below.

Problem 14-3A Condensed balance sheet and income statement data for Landwehr Corporation appear below. LANDWEHR CORPORATION Balance Sheets December 31 2018 2017 2016 $18,000 Cash $25,000 20,000 Accounts receivable (net) 45,000 50,000 48,000 Other current assets 90,000 95,000 64,000 Investments 75,000 70,000 45,000 Plant and equipment (net) 400,000 370,000 358,000 $640,000 $600,000 $533,000 Current liabilities $75,000 $80,000 $70,000 Long-term debt 80,000 50,000 85,000 Common stock, $10 par 340,000 310,000 300,000 Retained earnings 113,000 145,000 125,000 $640,000 $600,000 $533,000 LANDWEHR CORPORATION Income Statement For the Years Ended December 31 2018 2017 Sales revenue $740,000 $700,000 Less: Sales returns and allowances 40,000 50,000 Net sales 700,000 650,000 400,000 Cost of goods sold 420,000 Gross profit 280,000 250,000 235,000 Operating expenses (including income taxes) 220,000 $45,000 30,000 Net income Additional information: 1. The market price of Landwehr's common stock was $4, $5, and $8 for 2016, 2017, and 2018, respectively 2. All dividends were paid in cash. (a) Compute the following ratios for 2017 and 2018. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to decimal place, e.g. 6.8 or 6.8%.) 2018 2017 (1) Profit margin (2) Asset turnover times times (3) Earnings per share. (Weighted-average common shares and in 2017 were 31.000.) 2018 were 32.000 (4) Price-earnings ratio times times (5) Payout ratio (6) Debt assets ratio