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Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets

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Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 2018 Current liabilities $ 24,500 Accounts payable $23,584 $ 27,500 15,600 Notes payable 15,000 11,200 27.500 Other 11,971 18.300 $ 24,086 12,848 26,042 Total $ 62,976 $ 67,600 Total $50.555 $ 57,000 Long-term debt $60,000 $ 61,565 $44,000 $ 44,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 237,116 267,435 Fixed assets Net plant and equipment $328,695 $362.400 Total $ 281,116 $ 311,435 Total assets $ 391,671 $430,000 Total llabilities and owners' equity $391,671 $430,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 373,473 Cost of goods sold 254,500 Depreciation 32,800 Earnings before Interest and taxes Interest pald $ 86,173 14,700 Taxable income Taxes (24%) $ 71.473 17,154 Net Income $ 54,319 Dividends Retained earnings $24,000 30,319 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, e.g.. 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.) 2017 2018 Short-term solvency ratios: a. Current ratio b. Quick ratio c. Cash ratio times times times times times times Asset utilization ratios: d. Total asset turnover e. Inventory turnover Receivables f. turnover times times times 2017 2018 Long-term solvency ratios: g. Total debt ratio h. Debt-equity ratio i. Equity multiplier times times times times times times 1. times Times interest eamed Cash coverage k. times ratio % Profitability ratios: I. Profit margin m. Return on assets n. Return on equity %

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