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

Jergan Corporation Balance Sheets December 31
		2020			2019			2018
Cash		$ 30,000			$ 16,600			$ 18,700
Accounts receivable (net)		49,900			44,600			47,400
Other current assets		90,800			94,500			64,100
Investments		55,400			69,800			44,600
Plant and equipment (net)		500,100			370,700			357,700
		$726,200			$596,200			$532,500
Current liabilities		$84,500			$79,200			$69,800
Long-term debt		144,900			84,800			50,500
Common stock, $10 par		369,000			312,000			315,000
Retained earnings		127,800			120,200			97,200
		$726,200			$596,200			$532,500

Jergan Corporation Income Statement For the Years Ended December 31
		2020			2019
Sales revenue		$737,000			$605,200
Less: Sales returns and allowances		39,200			29,100
Net sales		697,800			576,100
Cost of goods sold		426,100			366,000
Gross profit		271,700			210,100
Operating expenses (including income taxes)		187,964			152,490
Net income		$ 83,736			$ 57,610

Additional information:

1.		The market price of Jergans 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 rate36.4 (3) Asset turnover (4) Earnings per share 10 12 38.94 020m 1.93 times 1.87 times 1.85 2.27 (5) Price-earnings ratio (6) Payout ratio (7) Debt to assets ratio 4 times 4 times 91 60% 281% 32