2018 & 2019 data, Smolira Golf:

Find the following financial ratios for Smolira Golf: 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: Long-term solvency ratios: g. Total debt ratio: h. Debt-equity ratio: i. Equity multiplier: j. Times interest earned ratio: k. Cash coverage ratio: Profitability ratios: l. Profit margin: m. Return on assets: n. Return on equity:

2019 Assets Current Assets Cash Accounts Receivable Inventory TOTAL $7,707 SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 Liabilities and Owners' Equity Current Liabilities $5,298 $5,827 Accounts Payable $3,754 $8,477 Notes Payable $3,045 $12,150 $21,956 OTHER $152 $25,155 $36,260 TOTAL $6,951 Long-Term Debt $24,700 Owners' Equity Common Stock and Paid-In Surplus $40,000 Accumulated Retained Earnings $28,805 $75,301 $79,412 TOTAL $68,805 $100,456 $115,672 TOTAL LIABILITIES AND OWNERS' EQUITY $100,456 $3,986 $3,318 $179 $7,483 $16,000 Fixed Assets Net Plant and Equipment TOTAL ASSETS $37,000 $55,189 $92,189 $115,672 SMOLIRA GOLF, INC. 2019 Income Statement Sales Cost of Goods Sold Depreciation EBIT Interest Paid Taxable Income Taxes Net Income Dividends Addition to Retained Earnings $229,854 $184,317 $8,730 $36,807 $1,811 $34,996 $7,349 $27,647 $16,000 $11,647