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The following income statement and balance sheet for The Athletic Attic are provided. THE ATHLETIC ATTIC Income Statement For the year ended December 31, 2015

The following income statement and balance sheet for The Athletic Attic are provided.

THE ATHLETIC ATTIC Income Statement For the year ended December 31, 2015
Net sales $8,760,000
Cost of goods sold 5,380,000
Gross profit 3,380,000
Expenses:
Operating expenses $1,530,000
Depreciation expense 196,000
Interest expense 36,000
Income tax expense 346,000
Total expenses 2,108,000
Net income $ 1,272,000

THE ATHLETIC ATTIC Balance Sheet December 31
2015 2014
Assets
Current assets:
Cash $150,000 $200,000
Accounts receivable 720,000 740,000
Inventory 1,335,000 1,005,000
Supplies 96,000 71,000
Long-term assets:
Equipment 1,080,000 1,080,000
Less: Accumulated depreciation (392,000) (196,000)
Total assets $2,989,000 $2,900,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 101,000 $ 77,000
Interest payable 0 3,600
Income tax payable 33,000 29,600
Long-term liabilities:
Notes payable 460,000 460,000
Stockholders' equity:
Common stock 560,000 560,000
Retained earnings 1,835,000 1,769,800
Total liabilities and stockholders equity $2,989,000 $2,900,000

Earnings per share for the year ended December 31, 2015, are $1.22. The closing stock price on December 31, 2015, is $21.02.

Required:

Calculate the following profitability ratios for 2015.(Round your answers to 1 decimal place.)

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