Your answer is partially correct. Condensed statement of financial position and income statement data for Concord Limited appear below. 2015 E 357,300 44,700 CONCORD LIMITED Statements of Financial Position December 31 2017 2016 Plant and equipment (net) E 400,900 370,200 Investments 75,700 69,700 Other current assets 89,800 94,600 Receivables (net) 50,900 44,100 Cash 1.000 17,700 641,900 596,300 Share capital-ordinary, 10 par 385,500 315,600 Retained earnings 107,100 120,000 Non-current liabilities 80,200 84,800 69,100 75,900 Current liabilities E641,900 596,300 63,400 47,500 18.700 531,600 E299,300 112,900 49,700 69,700 E531,600 CONCORD LIMITED Income Statement For the Years Ended December 31 2017 Sales revenue E743,800 Less: Sales returns and allowances 40,800 Net sales 703,000 Cost of goods sold 417,000 Gross profit 286,000 217,600 Operating expenses (including income taxes) E 68,400 Net income 2016 705,500 60,600 644,900 398,100 246,800 205,900 E 40,900 Sales revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses (including income taxes) Net income E743,800 40,800 703,000 417,000 286,000 217,600 68.400 E705,500 60,600 644,900 398,100 246,800 205,900 E 40,900 Additional information: 1. The market price of Clarence's ordinary share was 3.80, E5.70, and 8.40 for 2015, 2016, and 2017, respectively, 2. All dividends were paid in cash. Compute the following ratios for 2016 and 2017. (Round earnings per Share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal ph 1. Profit margin 2016 2. Asset turnover. 3. Earnings per share. (Weighted average ordinary shares in 2017 were 38,550 and in 2016 were 36,550.) 4. Price-earnings ratio 1-2-3 9.73% 1.10 times L 1.08 times 1.12 times 1.19 5. Payout. 5.09 times 1.19 6. Debt to assets ratio. 0.27 UNK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Windows 217,600 68,400 20, 205,900 E 40,900 3.80, 5.70, and 8.40 for 2015, 2016, and 2017, respectively, and earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8% .) 2017 2016 9.73 1.10 times 6 33-33 .34% 1.08 times mares in 2017 1 1.12 L L 4 0 1.77 .73 times .83 % 5.09 times 1.19 % 0.23|| % 1 0.27|| % Thile you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 1 of 1 You have surpassed to earn Maximum Por thicottamtand am