Current Attempt in Progress Condensed balance sheet and income statement data for Novak Corporation are presented here. Question 12 of 12 /2 Additional information: 1. The market price of Novak's common stock was $7.00,$7.50, and $8.50 for 2020,2021 , and 2022 , respectively. 2. You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2021 and 2022. (Round profit margin, gross profit rate and price-earnings ratio to 1 decimal places, e.g. 1.8 or 1.8\%. Round asset turnover and earnings per share to 2 decimal places, e.g. 1.25. Round payout ratio and debt to assets ratio to 0 decimal places, eg. 25\%.) 2. You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2021 and 2022. (Round profit margin, gross profit rate and price-earnings ratio to 1 decimal places, e.g. 1.8 or 1.8\%. Round asset turnover and earnings per share to 2 decimal places, e.g. 1.25. Round payout ratio and debt to assets ratio to 0 decimal places, eg. 25\%.)