13-3A

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Condensed balance sheet and income statement data for Jernigan Corporation are presented here.

JERNIGAN CORPORATION Balance Sheets December 31
2014	2013	2012
Cash	$31,542	$21,542	$19,542
Accounts receivable (net)	51,542	46,542	49,542
Other current assets	94,749	99,749	68,749
Investments	59,749	74,749	49,749
Plant and equipment (net)	500,000	370,000	358,000
$737,582	$612,582	$545,582
Current liabilities	$86,542	$81,542	$71,542
Long-term debt	149,749	89,749	54,749
Common stock, $10 par	324,749	314,749	304,749
Retained earnings	176,542	126,542	114,542
$737,582	$612,582	$545,582

JERNIGAN CORPORATION Income Statements For the Years Ended December 31
2014	2013
Sales revenue	$744,749	$604,749
Less: Sales returns and allowances	41,542	31,542
Net sales	703,207	573,207
Cost of goods sold	429,749	354,749
Gross profit	273,458	218,458
Operating expenses (including income taxes)	181,542	151,542
Net income	$91,916	$66,916

Additional information:

1.	The market price of Jernigans common stock was $6.91, $10.66, and $7.26for 2012, 2013, and 2014, respectively.
2.	You must compute dividends paid. All dividends were paid in cash.

(a)Compute the following ratios for 2013 and 2014.(Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.)

2014	2013
Profit margin.		%		%
Gross profit rate.		%		%
Asset turnover.		times		times
Earnings per share.	$	$
Price-earnings ratio.		times		times
Payout ratio.		%		%
Debt to assets ratio.		%		%