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

THE ATHLETIC ATTIC

Income Statement

For the Year Ended December $31,2024$

Net sales $$8,830,000$

Cost of goods sold $5,415,000$

Gross profit $3,415,000$

Expenses:

Operating expenses $$1,565,000$

Depreciation expense $203,000$

Interest expense $43,000$

Income tax expense $353,000$

Total expenses $2,164,000$

Net income $$1,251,000$

THE ATHLETIC ATTIC

Balance Sheets

December $31$

$20242023$

Assets

Current assets:

Cash $$157,000$ $$207,000$

Accounts receivable $755,000775,000$

Inventory $1,370,0001,040,000$

Supplies $103,00078,000$

Long$-$term assets:

Equipment $1,115,0001,115,000$

Less: Accumulated depreciation $(406,000)(203,000)$

Total assets $$3,094,000$ $$3,012,000$

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $$108,000$ $$84,000$

Interest payable $04,300$

Income tax payable $36,50030,300$

Long$-$term liabilities:

Notes payable $530,000530,000$

Stockholders' equity:

Common stock $630,000630,000$

Retained earnings $1,789,5001,733,400$

Total liabilities and stockholders$$ equity $$3,094,000$ $$3,012,000$

Earnings per share for the year ended December $31,2024,$ are $$1\mathrm{.}29.$ The closing stock price on December $31,2024,$ is $$21\mathrm{.}72.$

Required:

Calculate the following profitability ratios for $2024.($Use $365$ days a year. Round your final answers to $1$ decimal place.$)$Required:

Calculate the following profitability ratios for $2024.($Use $365$ days a year. Round your final answers to $1$ decimal place.$)$