Current Attempt in Progress

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

Additional information:

The market price of Cullumber's common stock was $$7\mathrm{.}00,$$$7\mathrm{.}50,$ and $$8\mathrm{.}50$ for $2020,2021,$ and $2022,$ respectively.

You must compute dividends declared. All declared dividends were paid in cash in the year of declaration.

$($a$)$

Compute the following ratios for $2021$ and $2022.($Round Asset turnover and Earnings per share to $2$ decimal places, e$.$g$.1\mathrm{.}65.$ 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$.6\mathrm{.}8$ or $6\mathrm{.}8\%.)$