Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): (Enter your profitability ratio answers as a percent rounded to 2 decimal places, e.g., 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.)

Short-term solvency ratios:		2014	2015
a.	Current ratio	times	times
b.	Quick ratio	times	times
c.	Cash ratio	times	times

Asset utilization ratios:
d.	Total asset turnover	times
e.	Inventory turnover	times
f.	Receivables turnover	times

Long-term solvency ratios:		2014	2015
g.	Total debt ratio	times	times
h.	Debtequity ratio	times	times
i.	Equity multiplier	times	times

j.	Times interest earned	times
k.	Cash coverage ratio	times

Profitability ratios:
I.	Profit margin	%
m.	Return on assets	%
n.	Return on equity	%

Some recent financial statements for Smolra Golf Corp. follow. Assets 2014 2015 Current sets Cash Accounts receivable Inventory Total $ 24 236 14.340 27.892 $ 66.476 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 25,000 Accounts payable $ 25.084 17.100 Notes payable 19.000 29.000 Other 13.471 $ 72,100 Total $ 57.555 Long-term debt $ 38,000 Owners' equity Common stock and paid-in surplus $ 45,000 Accumulated retained earnings 219,616 $364,900 Total $264 610 $437 000 Total liabilities and owners' equity $410,171 $ 29 000 12700 18.300 $ 60.000 $ 99,000 $ 45.000 233.000 $278 000 $437,000 Food assets Net plant and equipment Total assets $343.695 $410,171 $ 392 640 257.000 48 800 SMOLIRA GOLF CORP 2015 Income Statement Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (40%) $ 85 840 16,200 $ 70,640 28 256 $ 42,384 Not income Dividends Retained earnings $ 29,000 13,384