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help please; dividends not given wur Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $31,000 $21,000 $19.000 51,000 46,000 49,000 98,000

help please; dividends not given

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wur Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $31,000 $21,000 $19.000 51,000 46,000 49,000 98,000 103,000 72.000 63.000 78.000 53,000 500,000 370,000 358,000 $743,000 $618,000 $551,000 $86,000 $81,000 $71,000 153,000 93,000 58,000 328,000 318,000 308,000 176,000 126,000 114,000 $743,000 $618,000 $551,000 Current liabilities Long-term debt Common stock, $10 par Retained earnings Concord Corporation Income Statements For the Years Ended December 31 2020 2019 Sales revenue $748,000 $600,000 Less Sales returns and allowances 41.000 31,000 Net sales 707.000 577,000 Cost of goods sold 433.000 358,000 Gross profit 274,000 219,000 Operating expenses (including income taxes) 181.000 151.000 Net income $ 93,000 $68,000 Additional information: 1. The market price of Concord's common stock was $7.00, $750 and $8.50 for 2018, 2019 and 2020, respectively. 2. You must compute dividends pald. All dividends were paid in cash (a) Compute the following ratios for 2019 and 2020. (Round answers to 2 decimal places, eg. 1.83 or 1.83%) 2020 2019 Profit margin 12.43 96 35 Gross profit rate 36.63 % 35.20 Asset turnover times 0.99 times Earnings per share S 23.28 5 19.52 Price-earnings ratio 0.365 times 0.384 times Payout ratio 8236 50 Debt to assets ratio 32.02 36 27.94 % wur Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $31,000 $21,000 $19.000 51,000 46,000 49,000 98,000 103,000 72.000 63.000 78.000 53,000 500,000 370,000 358,000 $743,000 $618,000 $551,000 $86,000 $81,000 $71,000 153,000 93,000 58,000 328,000 318,000 308,000 176,000 126,000 114,000 $743,000 $618,000 $551,000 Current liabilities Long-term debt Common stock, $10 par Retained earnings Concord Corporation Income Statements For the Years Ended December 31 2020 2019 Sales revenue $748,000 $600,000 Less Sales returns and allowances 41.000 31,000 Net sales 707.000 577,000 Cost of goods sold 433.000 358,000 Gross profit 274,000 219,000 Operating expenses (including income taxes) 181.000 151.000 Net income $ 93,000 $68,000 Additional information: 1. The market price of Concord's common stock was $7.00, $750 and $8.50 for 2018, 2019 and 2020, respectively. 2. You must compute dividends pald. All dividends were paid in cash (a) Compute the following ratios for 2019 and 2020. (Round answers to 2 decimal places, eg. 1.83 or 1.83%) 2020 2019 Profit margin 12.43 96 35 Gross profit rate 36.63 % 35.20 Asset turnover times 0.99 times Earnings per share S 23.28 5 19.52 Price-earnings ratio 0.365 times 0.384 times Payout ratio 8236 50 Debt to assets ratio 32.02 36 27.94 %

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