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The following condensed information is reported by Sporting Collectibles. 2 0 2 1 2 0 2 0 Income Statement Information Sales revenue $ 7 ,

The following condensed information is reported by Sporting Collectibles.
20212020
Income Statement Information
Sales revenue $ 7,224,000 $ 7,600,000
Cost of goods sold 4,782,2885,100,000
Net income 316,480168,000
Balance Sheet Information
Current assets $ 1,520,000 $ 1,420,000
Long-term assets 2,120,0001,820,000
Total assets $ 3,640,000 $ 3,240,000
Current liabilities $ 1,120,000 $ 820,000
Long-term liabilities 1,580,0001,580,000
Common stock 720,000720,000
Retained earnings 220,000120,000
Total liabilities and stockholders' equity $ 3,640,000 $ 3,240,000
Required:
1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.)

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