Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount % Amount % Cash $ $ 922,500 Accounts receivable 247,500 357,500 577,500 907,500 3,657,500 5,500,000 Inventory Long-term assets Total assets 810,000 2,520,000 4,500,000 $ $ The following income statement and balance sheets for Worlds of Fun are provided: Worlds of Fun Income Statement For the year-ended December 31, 2021 Sales revenue $2,393, 200 Cost of goods sold 1,560,000 Gross profit 833,200 Expenses: Operating expenses 340,000 Depreciation expense 61,000 Loss on sale of land 4,200 Interest expense 24,000 Income tax expense 59,000 Total expenses 488,200 Net income $ 345,000 Worlds of Fun Balance Sheet December 31 2021 2020 Assets Current assets: Cash $ 126,000 $107,000 Accounts receivable 99,000 77,000 Inventory 210,000 190,000 Prepaid rent 12,000 12,000 Long-term assets: Land 300,000 240,000 Equipment 420,000 200,000 Accumulated depreciation (79,000) (43,000) Total assets $1,088,000 $783,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 51,000 $ 79,000 Interest payable 8,300 7,300 Income tax payable 15,100 12,500 Long-term liabilities: Notes payable 440,000 340,000 Stockholders' equity: Common stock 230,000 230,000 Retained earnings 343, 600 114,200 Total liabilities and equity $1,088,000 $783,000 Earnings per share for the year ended December 31, 2021, is $1.50. The closing stock price on December 31, 2021, is $30.50. Calculate the following profitability ratios for 2021: (Do not round intermediate calculations. Round your answers to 1 decimal place.) Profitability Ratios 1. Gross profit ratio 2. Return on assets 3. Profit margin 4. Asset turnover 5. Return on equity 6. Price-earnings ratio % % % times % times