Calculating Financial Ratios [LO2] Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate):

Short-term solvency ratios:

Current ratio

Quick ratio

Asset utilization ratios:

Inventory turnover

Receivables turnover

Long-term solvency ratios:

Total debt ratio

Times interest earned ratio

Profitability ratios:

Profit margin

Return on assets

Return on equity