Condensed balance sheet and income statement data for Marigold Corporation are presented here. MARIGOLD CORPORATION Balance Sheets December 31 2022 2021 2020 Cash $32,000 $22,000 $20,000 Accounts receivable (net) 52,000 47,000 50,000 Other current assets 95,000 100,000 69,000 Investments 60,000 75,000 50,000 Plant and equipment (net) 500,000 370,000 358,000 $739,000 $614,000 $547,000 Current liabilities $87,000 $82,000 $72,000 Long-term debt 150,000 90,000 55,000 Common stock, $10 par 325,000 315,000 305,000 Retained earnings 177,000 127,000 115,000 $739,000 $614,000 $547,000 MARIGOLD CORPORATION Income Statements For the Years Ended December 31 2022 2021 Sales revenue $745,000 $605,000 Less: Sales returns and allowances 42,000 32,000 Net sales 703,000 573,000 Cost of goods sold 430,000 355,000 Gross profit 273,000 218,000 Operating expenses (including income taxes) 182,000 152,000 Net income $91,000 $66,000 Additional information: 1. 2. The market price of Marigold's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin 12.9 % 11.5 % (Round answers to 1 decimal place, e.g. 1.5%) Gross profit 38.8 % 38 % rate (Round answers to 1 decimal place, e.g. 1.5%) (Round answers to 2 decimal Asset turnover 1 times times Earnings per share Price-earnings ratio $ places, e.g. 1.83.) (Round answers to 2 decimal places, eg. 1.83.) (Round answers to 1 decimal times times place, e.g. 1.5.) (Round answers to O decimal Payout ratio % % places, e.g. 15%) Debt to assets (Round answers to O decimal % % ratio places, e.g. 15%)