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

PINA CORPORATION Balance Sheets December 31
		2022		2021		2020
Cash		$ 32,000		$ 22,000		$ 20,000
Accounts receivable (net)		52,000		47,000		50,000
Other current assets		97,000		102,000		71,000
Investments		62,000		77,000		52,000
Plant and equipment (net)		500,000		370,000		358,000
		$743,000		$618,000		$551,000
Current liabilities		$ 87,000		$ 82,000		$ 72,000
Long-term debt		152,000		92,000		57,000
Common stock, $10 par		327,000		317,000		307,000
Retained earnings		177,000		127,000		115,000
		$743,000		$618,000		$551,000

PINA CORPORATION Income Statements For the Years Ended December 31
		2022		2021
Sales revenue		$747,000		$607,000
Less: Sales returns and allowances		42,000		32,000
Net sales		705,000		575,000
Cost of goods sold		432,000		357,000
Gross profit		273,000		218,000
Operating expenses (including income taxes)		182,000		152,000
Net income		$ 91,000		$ 66,000

Additional information:

1.		The market price of Pinas common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively.
2.		You must compute dividends paid. All dividends were paid in cash.

Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin (Round answers to 1 decimal place, e.g. 1.5%.) Gross profit rate (Round answers to 1 decimal place, e.g. 1.5%.) Asset turnover times times (Round answers to 2 decimal places, e.g. 1.83.) Earnings per share (Round answers to 2 decimal places, e.g. 1.83.) Price-earnings ratio times times (Round answers to 1 decimal place, e.g. 1.5.) Payout ratio % (Round answers to O decimal places, e.g. 15%.) Debt to assets ratio (Round answers to 0 decimal places, e.g. 15%.)

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