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Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable...

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Accounting

Some recent financial statements for Smolira Golf Corporation follow. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets Fixed assets Net plant and equipment $336,695 SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 $23,066 $25,300 13,648 27,152 28,300 16,400 $63,866 $70,000 $ 364,000 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $400,561 $434,000 Total liabilities and owners' equity 2020 2021 $ 24,384 $28,300 12,000 14,000 12,771 19,700 51,155 $60,000 $81,000 $85,703 $ 55,000 $ 55,000 213,406 233,297 $ 268,406 288,297 $ 400,561 $ 434,000
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Some recent financial statements for Smolira Golf Corporation follow. Find the following financial ratios for Smolira Golf Corporation (use year-end figures rather than average values where appropriate): (Enter the profitability ratio answers as a percent rounded to 2 decimal places, e.g., 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.)

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