Some recent financial statements for Smoira Golf Corp follow Assets 2014 2015 $ 24,000 Current acts Cash Accounts receivable Inventory Total 12.948 26 242 3 27 000 11.300 18,100 $63286 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Les and Owners' Equi 2015 2014 Current abilities $24.600 Accounts payable 3 23.64 15.700 Notes payable 14,000 27.800 Other 12.071 567.900 Total $49.755 Long-term debit $ 74,000 Owners equity Common stock and paid surplus $48.000 Accumulated retained earrings 221.228 $1,100 5200221 3429.000 $352,901 $ 57.000 $32.000 $ 48,000 22.000 Fixed assets Nel plant and equipment Touala $329,605 $200,000 3382,061 $420,000 SMOURA GOLF CORP. 2015 income talement Se Cost of goods sold Deprecation Earnings before interest and taxes si pard $414 290 265.500 57.700 S 91.090 14.500 376.200 30,516 $ 45774 The income Toses (40 Netice Dividends Ruined caring $ 25.000 20.774 Find the following financial ratios for Sma Gor Corpuse year-end gester than average values where propriate her your profitability ratione & percent rounded to 2 decimal places 12:16 Round the main awer is 2 decimal places,.12.16) 2014 2015 Q 67 mes mes 0.71 04 02 20.39 630 1.48 Some recent financial statements for Smolira Golf Corp. follow Assets 2014 2015 Current as Cash Accounts receivable Inventory $ 24,096 12.948 25.242 $ 27,600 11.300 18.100 TOA SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Libilities and Owners' Equity 2015 2014 Current liabilities $ 24,600 Accounts payable $ 23,684 15,700 Notes payable 14 000 27.500 Other 12,071 $ 67.900 $ 49,755 Long-term debt $ 74.000 Owners' equity Common stock and paid-in surplus $ 48,000 Accumulated retained earings 221.226 $381,700 Total $209.225 $429,000 Total sabes and owners equity $392.981 $ 63,286 Total $ 57,000 Faedas Net plant and equipment Totales $ 82.000 $ 48,000 242.000 $200,000 $329,095 $392.981 $429,000 SMOURA GOLF CORP 2015 income Sant Cost of goods sold Depreciation aming before and 5414200 205.500 57.700 $9.90 14800 $76.200 30,516 $ 65714 $ 25,000 20.14 Federal Gat Cor use your rather than everages where rent rounded to 2 decimales MacBook Pro esc c G Search or type URL 1 S 1 2 3 $ 4 E % 50 & 6 1 7 V 8 N W 99 E I R us . T Y U 0 at 0 A > E DSF G H IS J K Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate (Enter your profitability ratio answers as a percent rounded to 2 decimal places, ... 32.16. Round the remaining answers to 2 decimal places, e.g. 32.16.) Short-term solvency ratios a. Current ratio b. Quick ratio c. Cash ratio 2014 127 times 0.74 times 0.48 times 2015 1.19 times 0.71 times 0.43 times Asset utilization ratios: d. Total ansetturnover e Inventory turnover 1. Receivables turnover 0.97 times 9.62 times 25.39 times 2015 Long-term solvency ratos 9 Total debt ratio Debt equity ratio Equity multiples 2014 0.31 times 0.48 times 1.46 times 0.32 times 0.48 times 148 times Times interesteamed * Cash coverage ratio 6.15 imes times Pomag . alumni 11 097 1578 MacBook Pro esc G Search or type URL R ! # S N 1 A 3 $ 4 E % 5 0 6 7 & 7 V 8 NS Q W E Y 9 T 30 Y Y 0 us DI (o E A S >> no C