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Condensed balance sheet and income statement data for Monty Corporation are presnted here. MONTY CORPORATION Balance Sheets December 31 2017 2016 2015 $ 32.000 $

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Condensed balance sheet and income statement data for Monty Corporation are presnted here. MONTY CORPORATION Balance Sheets December 31 2017 2016 2015 $ 32.000 $ 22.000 $ 20,000 Accounts receivable (net) 52.000 47.000 50,000 Other current assets 98,000 102,000 72.000 Investments 63.000 78,000 53,000 Plant and equipment (net) 500.000 370.000 350.000 $745,000 S620.000 $553,000 Current liabilities $97.000 $92.000 $72.000 Long-term debt 153,000 92,000 52,000 Common stock $10 par 328.000 310,000 300,000 Retained earnings 177,000 127,000 115,000 $745,000 $620,000 $553,000 MONTY CORPORATION Income Statements For the Years Ended December 31 2017 Sales revenus $748.000 Less Sales returns and allowances 42.000 Net sales 706.000 Cost of goods sold 432,000 Gross profit 279,000 Operating expenses including income taxes 192.000 Net income S91.000 2016 $600,000 32.000 576.000 350,000 218.000 152.000 $66.000 Additional information: 1. The market price of Monty's common stock was $7.00, 57.50, and S9.50 for 2015, 2016, and 2017, respectively 2. You must compute dividends paid. All dividends were paid in cash. al Compute the following rates for 2016 and 2017. (Round earnings per share and asset turnover to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg 1.8 or 1.8%) 2017 2016 Profit margin Gross proftrate 55 * Asset turnover times times Earnings per share $ $ times times Price-carnings ratio Payout ratio 56 Debt to assets ratio 56 56

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