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please finish due tn Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (Do not round Intermediate
please finish due tn
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. 3216. Enter the profitability ratios as a percent) 2018 2019 4.97 times 1.87 times 4.44 times 1.71 times 0.72 times 0.57 times 1.81 times 9.28 times 33.24 times Short-term solvency ratios a. Current ratio b. Quick ratio C. Cash ratio Asset utilization ratios d. Total asset tumover e. Inventory tumover f. Receivables turnover Long-term solvency ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier i Times interest earned ratio k. Cash coverage ratio Profitability ratios 1. Profit margin m. Return on assets n. Return on equity 0.24 times 0.31 times 0.271 times 0.21 times times times times times % % SMOLIRA GOLF, INC Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Labilities and Owners' Equity Current assets Current liabilities Cash $ 2,941 $ 2,857 Accounts payable $ 2,198 $ 2,690 Accounts receivable 4,722 5,691 Notes payable 1,795 2,206 Inventory 12,658 13,692 Other 99 116 Total $20,321 $22.240 Total $ 4,092 $ 5.012 $ 14,200 $16,960 Long-term debt Owners' equity Common stock and pald-In surplus Accumulated retained earnings $42,500 $ 42.500 39.769 15,699 Fixed assets Net plant and equipment $56.170 $82,001 Total $ 58,199 $ 82.269 Total assets $76.491 $104,241 Total liabilities and owners equity $ 76.491 $ 104,241 SMOLIRA GOLF, INC. 2019 Income Statement Sales $189,170 Cost of goods sold 127.103 Depreciation 5,243 EBIT Interest pald $56,824 1,340 $55,484 19.419 Taxable income Taxes Net Income $36.065 Dividends Retained earnings $ 11,995 24.070 Step by Step Solution
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