*Problem 13-03A a (Video) Condensed balance sheet and income statement data for Indigo Corporation are presented here. Indigo Corporation Balance Sheets December 31 2020 Cash $ 31,000 Accounts receivable (net) 51,000 Other current assets 96,000 Investments 61,000 Plant and equipment (net) 500,000 $739,000 Current liabilities $ 86,000 Long-term debt 151,000 Common stock, $10 par 326,000 Retained earnings 176,000 $739,000 2019 $ 21,000 46,000 101,000 76,000 370,000 2018 $ 19,000 49,000 70,000 51,000 358,000 $547,000 $ 71,000 56,000 306,000 114,000 $614,000 $ 81,000 91,000 316,000 126,000 $614,000 $547,000 2019 $606,000 T urpur Income Statements For the Years Ended December 31 2020 Sales revenue $746,000 Less: Sales returns and allowances 41,000 Net sales 705,000 Cost of goods sold 431.000 Gross profit 274,000 Operating expenses (including income taxes) 181,000 Net Income $ 93,000 31,000 575,000 356,000 219,000 151.000 $68,000 Additional information: 1. 2. The market price of Indigo's common stock was $7.00, $7.50, and $8.50 for 2018, 2019, and 2020, respectively. You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2019 and 2020. (Round answers to 2 decimal places, e.g. 1.83 or 1.83%) Profit margin Gross profit rate Asset turnover Earnings per share Price earnings ratio Payout ratio Debt to assets ratio