Condensed balance sheet and income statement data for Jergan Corporation are presented here. 2019 Jergan Corporation Balance Sheets December 31 2020 Cash $ 30,100 $ 16,100 Accounts receivable (net) 49,800 45,500 Other current assets 89,600 95,000 Investments 55,100 70,000 Plant and equipment (net) 500,100 370,800 $724,700 $597,400 Current liabilities $84,500 $ 79,400 Long-term debt 145,700 84,300 Common stock, $10 par 381,000 319,000 Retained earnings 113,500 114,700 $724,700 $597,400 2018 $ 18,300 47,900 63,000 46,000 358,600 $533,800 $69.700 50,700 306,000 107,400 $533,800 Jergan Corporation Income Statement For the Years Ended December 31 2020 Sales revenue $744,500 Less: Sales returns and allowances 39,200 Net sales 705,300 Cost of goods sold 424,700 Gross profit 280,600 Operating expenses (including income taxes) 188,911 Net income $ 91,689 2019 $605,400 30,700 574,700 366,000 208,700 151,230 $ 57,470 Additional information: 1. The market price of Jergan's common stock was $7.00, $7.50, and $8.50 for 2018, 2019, and 2020, respectively. 2. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 1.65. Round payout ratio and debt to assets ratio to 0 decimal places, e.g. 18%. Round all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) 2019 2020 (1) Profit margin (2) Gross profit rate (3) Asset turnover (4) Earnings per share (5) Price-earnings ratio (6) Payout ratio (7) Debt to assets ratio