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Condensed balance sheet and income statement data for Jernigan Corporation are presented here.
JERNIGAN CORPORATION Balance Sheets December 31
2014
2013
2012
$ 31,521
$ 21,521
$ 19,521
51,521
46,521
49,521
95,804
100,804
69,804
60,804
75,804
50,804
500,000
370,000
358,000
$739,650
$614,650
$547,650
$ 86,521
$ 81,521
$ 71,521
150,804
90,804
55,804
325,804
315,804
305,804
176,521
126,521
114,521
JERNIGAN CORPORATION Income Statements For the Years Ended December 31
$745,804
$605,804
41,521
31,521
704,283
574,283
430,804
355,804
273,479
218,479
181,521
151,521
$ 91,958
$ 66,958
Additional information:
(a) Compute the following ratios for 2013 and 2014. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.)
$
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