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The following income statement and balance sheets for Worlds of Fun are provided: Worlds of Fun Income Statement For the year-ended December 31, 2021 Sales

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The following income statement and balance sheets for Worlds of Fun are provided: Worlds of Fun Income Statement For the year-ended December 31, 2021 Sales revenue $2,493, 100 Cost of goods sold 1,560,000 Gross profit 933, 100 Expenses: Operating expenses 345,000 Depreciation expense 64,000 Loss on sale of land 4,100 Interest expense 20,000 Income tax expense 50,000 Total expenses 483, 100 Net income $ 450,000 Worlds of Fun Balance Sheet December 31 2021 2020 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: $ 126,000 90,000 180,000 19,000 $108,000 76,000 160,000 19,900 Worlds of Fun Balance Sheet December 31 2021 2020 $ 126,000 90,000 180,000 19,000 $105,000 76,000 160,000 19,000 340,000 280,000 400,000 290,000 (26,000) $1,000 $1,079,000 $892,000 Assets Current assets Cash Accounts receivable Inventory Prepaid rent Long term assets: Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and equity $ 58.000 3,300 15,100 $ 71,000 7,300 12,400 450,000 300,000 247.600 $1,079,000 350,000 300,000 151,300 $892,000 Earnings per share for the year ended December 31, 20215 51.50. The closing stock price on December 31, 2021, IS $33.50 Calculate the following profitability ratios for 2021 (Do not round intermediate calculations. Round your answers to 1 decimal place.)

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