Question 5 of 5 View Policies Current Attempt in Progress Condensed balance sheet and income statement data for Jergan Corporation are presented here. Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) Jergan Corporation Balance Sheets December 31 2020 2019 $ 30,600 $ 17,300 50,900 44,500 90,100 94 800 54,700 70.600 500,600 370,000 $726,900 $597 200 $85,600 $79.000 144,200 85.000 384.000 319.000 113,100 114.200 $726,900 $597 200 2018 $ 17,300 48,600 64.900 44,600 358,700 $534, 100 $70,700 50.900 308,000 104,500 $534,100 Current liabilities Long-term debt Common stock, $10 par Retained earnings Question 5 of 5 - /20 Jergan Corporation Income Statement For the Years Ended December 31 2020 Sales revenue $736.500 Less: Sales returns and allowances 40.200 Net sales 696,300 Cost of goods sold 424,600 Gross profit 271.700 Operating expenses (including income taxes) 181.181 Net income $ 90,519 2019 $605,600 31,000 574,600 372.000 202.600 150,886 $51714 Additional information: 1 2 The market price of Jergan's common stock was $7.00, 57.50 and $8.50 for 2018, 2019 and 2020. respectively You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, es. 165. Round payout ratio and debt to assets ratio to 0 decimal places, ed. 18%. Round all other answers to 1 decimal place, es 6.8 or 6,8%) 2019 2020 Question 5 of 5