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Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate) Some recent financial statements for Srnolira Golf, Inc.,
Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate)
Some recent financial statements for Srnolira Golf, Inc., follow. SMOLIRAGOLF. INC. Balance Sheets as Of December 31 , 2015 and 2016 Current assets Cash Accounts receivable Owentory Total Fixed assets Net plant and equipment Total assets SMOLIRA GOLF, INC. 2016 Income Statement Sales 2015 s 3.181 4.762 "2498 $20441 S51.022 S71A63 $1871570 126.303 5.323 s 55944 1 ,420 s 54 524 19,083 s 35441 2016 $ 3,257 5,771 13,772 $22 800 $75,789 $98,589 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained eamings Total Total liabilities and owners' equity 2015 s 2.158 1,755 91 s 4.004 $13,300 sag,500 15,659 S54,15g S71A63 2016 $ 2,610 2, 126 S 4,844 $16,060 $38,500 39,185 $77 ,685 $98,589 Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes "t Income Dividends Retained eamings $11,915 23,526 Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (Do not round intermediate calculation: answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.) Short-term solvency ratios a. Current ratio b. Quick ratio C. Cash ratio Asset utilization ratios d. Total asset tumover e. Inventory turnover f. Receivables tumover Long-term solvency ratios g. Total debt ratio h. Debtequity ratio i. Equity multiplier j. Tmes interest eamed ratio k. Cash ratio Profitabiity ratios l. Profit margin m. Return on assets n. Retum on equity 2015 times times times times 2016 times times times times times times
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