3.

Question 3 of 4 - / 10 III For the Years Erced December 31 2022 Sales revenue $746,000 Less Sales returns and allowances 42440 Net sales 703,560 Cost of goods sold 430,755 Gross profit 272,805 Operating expenses (including income taxes) 180.940 Net income $91,865 2021 $606,000 31,305 574,695 355.925 218,770 151.150 $67,620 Additional information The market price of Indigo's common stock was $7.00, $8.68, and $8.58 for 2020, 2021, and 2022, respectively, You must compute dividends paid. All dividends were paid in cash 1 2. (a) Compute the following ratios for 2021 and 2022. Round eamings per share and asset turnover to 2 decimal places, es 1.83 and all other answers to 1 decimal place, 63. 1.8 or 1.8x) 2022 2021 Prohtmargin 36 Gross prohtrate Asset turnover times time $ Earnings per share Price-earnings ratio times times Payout ratio Debt to assets ratio hp