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Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019

Some recent financial statements for Smolira Golf, Inc., follow.
SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019
2018 2019 2018 2019
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ 3,061 $ 3,057 Accounts payable $ 2,178 $ 2,650
Accounts receivable 4,742 5,731 Notes payable 1,775 2,166
Inventory 12,578 13,732 Other 95 112
Total $ 20,381 $ 22,520 Total $ 4,048 $ 4,928
Long-term debt $ 12,900 $ 15,660
Owners equity
Common stock
and paid-in surplus $ 40,500 $ 40,500
Fixed assets Accumulated retained earnings 15,679 39,477
Net plant and equipment $ 52,746 $ 78,045 Total $ 56,179 $ 79,977
Total assets $ 73,127 $ 100,565 Total liabilities and owners equity $ 73,127 $ 100,565

SMOLIRA GOLF, INC. 2019 Income Statement
Sales $ 188,370
Cost of goods sold 126,703
Depreciation 5,283
EBIT $ 56,384
Interest paid 1,380
Taxable income $ 55,004
Taxes 19,251
Net income $ 35,753
Dividends $ 11,955
Retained earnings 23,798

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Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (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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