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Calculating Financial Ratios [ [ LO 2 ] Find the following financial ratios for Smolira Golf Corp. ( use year - end figures rather than
Calculating Financial Ratios LO Find the following financial ratios for Smolira Golf Corp. use yearend figures rather than average values where appropriate:
Shortterm solvency ratios:
a Current ratio.
b Quick ratio.
c Cash ratio.
Asset utilization ratios:
d Total asset turnover.
e Inventory turnover.
f Receivables turnover.
Longterm solvency ratios:
g Total debt ratio.
h Debtequity ratio.
i Equity multiplier.
i Times interest earned ratio.
SMOLIRA GOLF CORP.
and Balance Sheets
tableAssetsLiabilities and Owners' EquityCurrent assets,,,Current liabilities,,Cash$$Accounts payable,$$
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