Condensed balance sheet and income statement data for Marigold Corporation are presented here. MARIGOLD CORPORATION Balance Sheets December 31 2017 2016 2015 Cash $ 32.000 $22,000 $ 20,000 Accounts receivable (net) 52000 47,000 0000 95,000 100,000 69,000 60,00075,000 50,000 Plant and equipment (net)500,000 370000 358,000 739,000 $614,000 $547.000 $ 87,000 $ 82,000 72,000 150,00090,000 55,000 Common stock, $10 par 325.000 315,000 305,000 177000 127000 115000 $ 739.000 $614,000 $547,000 Other current assets Investments Current liabilities Long-term debt Retained earnings MARIGOLD CORPORATION Income Statements For the Years Ended December 31 2017 2016 Sales revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross proft 745,000 $ 605,000 42,000 32,000 703,000 573,000 430,000355,000 273,000218,000 Operating expenses (including income taxes) 182.000 152,000 91.000 $ 66,000 Net income Additional information: 1. The market price of Marigold's common stock was $7.00,$ 750, and $ 8.50 for 2015,2016, and 2017, respectively 2. You must compute dividends paid.All dividends were paid in cash. (a) Compute the following ratios for 2016 and 2017.(Round all answers to 2 decimal places, es. 1.83 or 1.83x) 2017 2016 Profit margin Gross profit rate Asset turnover Earnings per share $ Price-earnings ratio Payout ratio Debt to assets ratio times times times times