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Accounts receivable Inventory $ 3,271 4,782 12,418 Some recent financial statements for Smolira Golf, Incorporated, follow. Assets Current assets Cash 2021 SMOLIRA GOLF, INCORPORATED
Accounts receivable Inventory $ 3,271 4,782 12,418 Some recent financial statements for Smolira Golf, Incorporated, follow. Assets Current assets Cash 2021 SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities 2022 2021 $ 3,457 5,811 13,812 Accounts payable Notes payable Other $ 2,138 1,735 87 Total $ 20,471 $ 23,080 Total d Long-term debt $ 3,960 $ 13,700 2022 $ 2,570 2,086 104 $ 4,760 $ 16,460 Owners' equity Fixed assets Common stock and paid-in surplus Accumulated retained earnings $ 36,500 $ 36,500 15,639 Net plant and equipment $ 49,328 $ 73,533 Total $ 52,139 es Total assets $ 69,799 $ 96,613 Total liabilities and owners' equity $ 69,799 38,893 $ 75,393 $ 96,613 SMOLIRA GOLF, INCORPORATED 2022 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $ 186,770 125,903 5,363 $ 55,504 1,460 $ 54,044 18,915 $ 35,129 $ 11,875 23,254 Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.
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