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Find the following financial ratios for Smolira Golf, (use year-end figures rather than average values where appropriate) : Long-term solvency ratios g. Total debt ratio

Find the following financial ratios for Smolira Golf, (use year-end figures rather than average values where appropriate) : image text in transcribed
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Long-term solvency ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier j. Times interest earned ratio k. Cash coverage ratio 2019 SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 5,298 5,827 Accounts payable $ 3,754 Accounts receivable 7,707 8,477 Notes payable 3,045 Inventory 12.150 21,956 Other 152 Total $ 25,155 $ 36,260 Total $ 6,951 Long-term debt $ 24,700 Owners' equity Common stock and paid-in surplus $ 40,000 Fixed assets Accumulated retained earnings 28,805 Net plant and equipment $ 75,301 $ 79,412 Total $ 68,805 Total assets $100,456 $115,672 Total liabilities and owners' equity $100,456 $ 3,986 3,318 179 $ 7,483 $ 16,000 $ 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 $16,000 Addition to retained earnings 11,647 $229,854 184,317 8,730 $ 36,807 1,811 $ 34,996 7,349 $ 27,647

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