Question 51 Condensed balance sheet and income statement data for Bramble Corporation are presented here. BRAMBLE CORPORATION Balance Sheets 2019 2018 2017 Cash Accounts receivable (net) Other current assets $ 31,000 $ 21,000 19,000 51,000 95,000 60,000 46,000 100,000 75,000 49,000 69,000 50,000 358,000 Plant and equipment (net) 500,000 370:000 Current liabilities Long-term debt Common stock, $10 par Retained earnings 5737,000 5612,000 5545,000 $86,000 81,000 71,000 90,000 315,000 126,000 5612,000 150,000 325,000 176,000 5737,000 55,000 305,000 114,000 5545,000 BRAMBLE CORPORATION Income Statements For the Years Ended December 31 2019 2018 Sales revenue 5745,000 5605,000 31,000 Less: Sales returns and allowances 41,000 Net sales Cost of goods sold Gross profit 704,000 574,000 430,000 355,000 274,000 219,000 Operating expenses (including income taxes181,000 151,000 93,000 68,000 Net income Additional information: 1. The market price of Bramble's common stock was $7.00, $7.50, and $8.50 for 2017, 2018, and 2019, respectively. 2. You must compute dividends paid. All dividends were paid in cash Compute the following ratios for 2018 and 2019. (Round answers to 2 decimal places, eg, 1.83 or 1.83%.) 2019 2018 Profit margin Gross profit rate Asset turnover Earnings per share Price-eamings ratio Payout ratio Debt to assets ratio times times times times