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Some recent financial statements for Smolira Golf, Incorporated, follow. SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 3 1 , 2 0 2 1 and

Some recent financial statements for Smolira Golf, Incorporated, follow.
SMOLIRA GOLF, INCORPORATED
Balance Sheets as of December 31,2021 and 2022
Assets 20212022 Liabilities and Owners Equity 20212022
Current assets Current liabilities
Cash $ 3,001 $ 2,957 Accounts payable $ 2,188 $ 2,670
Accounts receivable 4,7325,711 Notes payable 1,7852,186
Inventory 12,61813,712 Other 97114
Total $ 20,351 $ 22,380 Total $ 4,070 $ 4,970
Long-term debt $ 14,000 $ 16,760
Owners equity
Common stock and paid-in surplus $ 41,500 $ 41,500
Fixed assets Accumulated retained earnings 15,68939,623
Net plant and equipment $ 54,908 $ 80,473 Total $ 57,189 $ 81,123
Total assets $ 75,259 $ 102,853 Total liabilities and owners equity $ 75,259 $ 102,853
SMOLIRA GOLF, INCORPORATED
2022 Income Statement
Sales $ 188,770
Cost of goods sold 126,903
Depreciation 5,263
EBIT $ 56,604
Interest paid 1,360
Taxable income $ 55,244
Taxes 19,335
Net income $ 35,909
Dividends $ 11,975
Retained earnings 23,934
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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