solve part A please. (last question)

Problem 18-03A a Condensed balance sheet and income statement data for Jergan Corporation are presented here. Jergan Corporation Balance Sheets December 31 2020 2019 2018 Cash Accounts receivable (net) Other current assets Investments Plant and equipment (net) $ 30,000 50,500 89,500 55,600 499,000 $724,600 $84,100 144,200 384,000 112,300 $724,600 $ 16,700 44,800 94,100 69,300 369,200 $594,100 $80,200 84,400 310,000 119,500 $594,100 $ 18,300 48,000 63,950 45,600 357,700 $533,500 $69,800 50,500 305,000 108,200 $533,500 Current liabilities Long-term debt Common stock, $10 par Retained earnings Jergan Corporation Income Statement For the Years Ended December 31 2020 2019 Jergan Corporation Income Statement For the Years Ended December 31 2020 2019 Sales revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses (including income taxes) Net Income $735,000 40,000 695,000 425,200 269,800 179,450 $ 90,350 $605,000 29,800 575,200 366,500 208,700 145,428 $63,272 Additional information: 1. The market price of Jergan's 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. (a) Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, e.g. 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 rate ESOURCES Additional information: work Video art Level 1. The market price of Jergan's common stock was $7.00, $7.50, and $8.50 for 2018, 2019, and 2. You must compute dividends paid. All dividends were paid in cash. (a) 03 (Video) 65 1A a, bi ubmission) 2A (Video) 3A a Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per sha places, e.g. 18%. Round all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) 2019 2020 (1) Profit margin % % by Study (2) Gross profit rate % % times times (3) Asset turnover (4) Earnings per share (5) Price-earnings ratio times times (6) Payout ratio % % (7) Debt to assets ratio % % Click if you would like to Show Work for this question: Open Show Work VIDEO: SIMILAR PROBL LINK TO TEXT