Some recent financial statements for Brewer, Inc., follow. BREWER, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 5,298 $ 6,827 Accounts payable $ 3,754 $ 6,986 Accounts receivable 7,707 9.977 Notes payable 2,045 4,055 Inventory 12,150 23,456 Other 152 179 Total $ 25,155 $ 40,260 Total $ 5,951 $ 11,220 $ 22,700 $ 19,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 43,000 $ 43,000 28,805 47,189 Fixed assets Net plant and equipment $ 75,301 $ 80,149 Total $ 71,805 $ 90,189 Total assets $100,456 $120,409 Total liabilities and owners' equity $100,456 $120,409 BREWER, INC. 2019 Income Statement Sales $ 249,854 Cost of goods 204,317 sold Depreciation 8,730 $ EBIT Interest paid 36,807 3,311 ta Taxable income Taxes 33,496 7,034 Net income $ 26,462 $ 8,078 Dividends Retained earnings 18,384 X Answer is not complete. 2018 2019 Short-term solvency ratios a. Current ratio 4.23 times 3.59 times b. Quick ratio 2.19 times 1.50 times times 0.89 times 0.61 2.08 times times times times C. Cash ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-term solvency ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier j. Times interest earned ratio k. Cash coverage ratio Profitability ratios 1. Profit margin m. Return on assets n. Return on equity times times times times % % %