roblem 3-35 Calculating Financial Ratios [LO 2] ome recent financial statements for Smolira Golf, Incorporated, follow. ind the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios is a percent. \begin{tabular}{|c|c|c|c|} \hline a. Current ratio & |times & 4.77 & |times \\ \hline b. Quick ratio & times & 1.91 & times \\ \hline c. Cash ratio & times & & times \\ \hline \multicolumn{4}{|l|}{ Asset utilization ratios } \\ \hline d. Total asset turnover & & & times \\ \hline e. Inventory turnover & & & times \\ \hline f. Receivables turnover & & & times \\ \hline \multicolumn{4}{|l|}{ Long-term solvency ratios } \\ \hline g. Total debt ratio & times & & times \\ \hline h. Debt-equity ratio & times & & times \\ \hline i. Equity multiplier & times & & times \\ \hline j. Times interest earned ratio & & & times \\ \hline k. Cash coverage ratio & & & times \\ \hline \multicolumn{4}{|l|}{ Profitability ratios } \\ \hline I. Profit margin & & & % \\ \hline m. Return on assets & & & % \\ \hline n. Return on equity & & & % \\ \hline \end{tabular}