Condensed balance sheet and income statement data for Oriole Corporation are presented here. Oriole Corporation Balance Sheets December 31 2022 2021 2020 Cash $29,100 $17,400 $17,800 Accounts receivable (net) 50,000 44,700 47,500 Other current assets 90,100 95,700 63,500 Investments 54,500 70,600 44.000 Property, plant, and equipment (net) 500,500 370,700 358,200 $724,200 $599,100 $531,000 Current liabilities $85,000 $80,500 $69,100 Long-term debt 144,900 84,200 49,500 Common stock, $10 par 342,000 311,000 299,000 Retained earnings 152,300 123,400 113,400 $724,200 $599,100 $531,000 Oriole Corporation Oriole Corporation Income Statement For the Years Ended December 31 2022 2021 Sales $737,000 $605,400 Less: Sales returns and allowances 39,900 31,000 Net sales 697,100 574,400 Cost of goods sold 424,400 370,500 Gross profit 272,700 203,900 Operating expenses (including income taxes) 182,077 146,460 Net income $90,623 $57,440 Additional information: The market price of Oriole's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 1. 2. You must compute dividends declared. All declared dividends were paid in cash in the year of declaration. 1. 2. The market price of Oriole's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. You must compute dividends declared. All declared dividends were paid in cash in the year of declaration. (a) Compute the following ratios for 202 and 2022. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65. Round payout ratio and debt to assets ratio to O decimal places, e.g. 18%. Round all other answers to 1 decimal place, e.s. 6.8 or 6.8%) 2021 % (1) Profit margin (2) Gross profit rate % (3) Asset turnover times (4) Earnings per share $ $ (5) Price-earnings ratio times (6) Payout ratio. % 2022 % % times times % Compute the following ratios for 2021 and 2022. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65. Round payout ratio and debt to assets ratio to O decimal places, e.g. 18%. Round all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) (1) Profit margin 2021 (2) Gross profit rate % (3) Asset turnover times (4) Earnings per share $ (5) Price-earnings ratio times (6) Payout ratio % (7) Debt to assets ratio % 2022 x x times times %