Some recent financial statements for Smolira Golf Corp. follow. Assets 2014 2015 Current assets Cash Accounts receivable Inventory Total $ 24,126 13,248 26,542 $ 27,900 11,600 16,500 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 24.900 Accounts payable $ 23,984 16,000 Notes payable 18,000 27.900 Other 12,371 $ 68,800 Total $ 54,355 Long-term debt $ 77,000 Owners' equity Common stock and paid-in surplus $ 50,000 Accumulated retained earnings 215,256 $362,200 Total $265,256 $431,000 Total liabilities and owners' equity $396.611 $ 63,916 $ 56,000 $ 87,000 $ 50,000 238,000 Fixed assets Net plant and equipment Total assets $332,695 $288,000 $431,000 $396,611 $392,907 256,500 48,400 SMOLIRA GOLF CORP 2015 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (40%) Net income $ 88,007 15,100 $72.907 29.163 $ 43,744 Dividende Retained earnings $ 21,000 22.744 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.) 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.) 2014 2015 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 f. Receivables turnover times times times 2014 2015 Long-term solvency ratios: g. Total debt ratio h. Debt-equity ratio i. Equity multiplier times times times times times times 1. Times interest earned k. Cash coverage ratio imes times Profitability ratios: 1. Profit margin m. Return on assets n. Return on equity % %