Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate) (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.) Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Assets Accounts receivable. Inventory Total SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 $ 2,971 4,727 12,638 $20,336 Fixed assets Net plant and equipment $55,539 Total assets $2,907 5,701 13,702 $ 22,310 $ 81,237 $75,875 $103,547 2015 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 earnings Total 2016 $ 2,193 $ 2,680 1,790 98 2,196 115 $4,081 $ 4,991 $14,100 $ 16,860 $42,000 15,694 $57,694 Total liabilities and owners' equity $75,875 $ 42,000 39,696 $ 81,696 $103,547 SMOLIRA GOLF, INC. 2016 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends $11,985 Retained earnings 24,002 $188,970 127,003 5,253 $ 56,714 1,350 $ 55,364 19,377 $ 35,987 Short-term solvency ratios. a. Current ratio b. Quick ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover Long-term solvency ratios 9. Total debt ratio h. Debt-equity ratio i. Equity multiplier j. Times interest earned ratio Profitability ratios. 1. Profit margin n. Return on equity. 2016 times Itimes times times times times times times