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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 $ 2,971 $ 2,907 Accounts payable $ 2,193 $ 2,680
Accounts receivable 4,7275,701 Notes payable 1,7902,196
Inventory 12,63813,702 Other 98115
Total $ 20,336 $ 22,310 Total $ 4,081 $ 4,991
Long-term debt $ 14,100 $ 16,860
Owners equity
Common stock and paid-in surplus $ 42,000 $ 42,000
Fixed assets Accumulated retained earnings 15,69439,696
Net plant and equipment $ 55,539 $ 81,237 Total $ 57,694 $ 81,696
Total assets $ 75,875 $ 103,547 Total liabilities and owners equity $ 75,875 $ 103,547
SMOLIRA GOLF, INCORPORATED
2022 Income Statement
Sales $ 188,970
Cost of goods sold 127,003
Depreciation 5,253
EBIT $ 56,714
Interest paid 1,350
Taxable income $ 55,364
Taxes 19,377
Net income $ 35,987
Dividends $ 11,985
Retained earnings 24,002
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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