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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 $ 2,941 $ 2,857 Accounts payable $ 2,198 $ 2,690
Accounts receivable 4,7225,691 Notes payable 1,7952,206
Inventory 12,65813,692 Other 99116
Total $ 20,321 $ 22,240 Total $ 4,092 $ 5,012
Long-term debt $ 14,200 $ 16,960
Owners equity
Common stock and paid-in surplus $ 42,500 $ 42,500
Fixed assets Accumulated retained earnings 15,69939,769
Net plant and equipment $ 56,170 $ 82,001 Total $ 58,199 $ 82,269
Total assets $ 76,491 $ 104,241 Total liabilities and owners equity $ 76,491 $ 104,241
SMOLIRA GOLF, INCORPORATED
2022 Income Statement
Sales $ 189,170
Cost of goods sold 127,103
Depreciation 5,243
EBIT $ 56,824
Interest paid 1,340
Taxable income $ 55,484
Taxes 19,419
Net income $ 36,065
Dividends $ 11,995
Retained earnings 24,070
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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