Profitability ratios include (Select multiple answers return on equity times interest earned. asset turnover the payout ratio. PEAR Inc. Comparative Balance Sheet December 31, 2020 and 2020 Assets Cash Accounts receivable (net) Inventory Land Equipment Accumulated depreciation - equipment Total assets Accounts payable Long-term notes payable Common stock ($10 par value) Retained earnings Total liabilities and stockholders' equity Liabilities and Stockholders' Equity 2020 $ 4,000 16,000 20,000 28,000 62,000 (20,000) $110,000 $ 10,000 34,000 50,000 16,000 $110,000 2019 $ 6,000 12,000 18,000 8,000 60,000 (14,000) $ 90,000 $ 16,000 19,000 50,000 5,000 $90,000 PEAR, Inc. Income Statement For the year ended December 31, 2020 Sales revenue $370,000 Less: Sales returns and allowances 10,000 Net sales 360,000 Cost of goods sold 275,000 Gross profit 85,000 Operating expenses 40,000 Income before income taxes 45,000 Income tax expense 18,000 Net income $ 27,000 Additional Information: All sales were on account. The market price of PEAR's common stock was $42 on December 31, 2020. Instructions: Compute the indicated ratios at December 31, 2020, or for the year ended December 31, 2020, as appropriate. Report answers to two decimal places. Match value to ratio below. $42 011 Iber 31, 2020. Instructions: Compute the indicated ratios at December 31, 2020, or for the year ended Decem appropriate. Report answers to two decimal places. Match value to ratio below. Return on assets is [] [] 27% Acid-test ratio is 4.0 59% 7.5% 40% Profit margin 3.6 2.0 7.78 25.71 Payout ratio is [] Debt to assets ratio is [] Debt to assets ratio is [] Accounts receivable turnover is [1] Price-earnings ratio is Current ratio is 71