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2. Calculating Financial Ratios [L02] Find the following financial ratios for Smolin Golf Corp. (use year-end figures rather than average values where appropriate): Short-term solvency

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2. Calculating Financial Ratios [L02] Find the following financial ratios for Smolin Golf Corp. (use year-end figures rather than average values where appropriate): Short-term solvency ratios: a. Current ratio. b. Quick ratio. c. Cash ratio. Asset utilization ratios: d. Total asset turnover. e. Inventory turnover. f. Receivables turnover. ong-term solvency ratios: g. Total debt ratio. h. Debt-equity ratio. 2. Calculating Financial Ratios [L02] Find the following financial ratios for Smolin Golf Corp. (use year-end figures rather than average values where appropriate): Short-term solvency ratios: a. Current ratio. b. Quick ratio. c. Cash ratio. Asset utilization ratios: d. Total asset turnover. e. Inventory turnover. f. Receivables turnover. ong-term solvency ratios: g. Total debt ratio. h. Debt-equity ratio

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