dit View History Bookmarks Develop Window Help Some recent financial statements for Smolira Golf Corp. follow IRA 2014 and 2015 Balance Sheets Liabilities and Owners' Equity Assets Current assets Current liablities Cash Accounts recelvable s 24,236 26,000 17,100 29,000 Accounts payable Notes payable Other 25,084 29,000 12,700 19,000 14,348 27,892 13,47118,300 57,555$ 60,000 88,000 $99,000 Common stock and paid-in surplus 45,000 $ 45,000 Total $ 66476 72,100 Total Long-term debt Owners' equity 233,000 $264,616 $278,000 437,000 Accumulated retained eamings 219,816 Fxed assets Net plant and equipment $343,695 $364,900 Total assets Total $437,000 Total liabilities and owners equity SMOLIRA GOLF CORP 2015 Income Statement 392,640 257,000 48.800 Cost of goods sold Earmings before interest and taxes interest paid $ 86,840 16,200 Taxable income Taxes (40%) $ 70,640 28,256 Net income 42,384 s 29,000 13.384 Retained earmings Find the following fnancial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): (Enter your proftability ratio answers as a percent rounded to 2 decimal places, eg., 32.16. Round the remaining answers to 2 decimal placos, e4, 32.16.) MacBook Air