The income statement and balance sheets for Worlds of Fun are provided below: Earnings per share for the year ended December 31,2024 , is $1.60. The closing stock price on December 31,2024 , is $38.10. Required: Calculate the following profitability ratios for 2024: (Do not round intermediate calculations. Round your answers to 1 decim place.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Profitability Ratios } & % \\ \hline 1. Gross profit ratio & & % \\ \hline 2. Return on assets & % \\ \hline 3. Profit margin & & times \\ \hline 4. Asset turnover & % \\ \hline 5. Return on equity & \\ \hline 6. Price-earnings ratio & & \\ \hline \end{tabular}