Problem $3-35$ Calculating Financial Ratios $[$LO $2]$

Some recent financial statements for Smolira Golf, Inc., follow.Problem $3-35$ Calculating Financial Ratios $[$LO $2]$

Some recent financial statements for Smolira Golf, Inc., follow.

Find the following financial ratios for Smolira Golf $($use year$-$end figures rather than

average values where appropriate$)$: $($Do not round intermediate calculations and round

your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Enter the profitability ratios as a

percent.$)$