Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 24,800 Accounts payable $ 23,884 15,900 Notes payable 17,000 27,800 Other 12,271 $ 24,116 13,148 26,392 $ 27,800 11,500 15,700 Total $ 63,656 $ 68,500 Total $ 53,155 $ 55,000 Long-term debt $ 76,000 $ 80,259 $ 40,000 $ 40,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 226,196 258,741 Fixed assets Net plant and equipment $331,695 $365,500 Total $266,196 $ 298,741 Total assets $395,351 $434,000 Total liabilities and owners' equity $395,351 $434,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $ 396,340 256,000 49,000 $ Earnings before interest and taxes Interest paid 91,340 15,000 Taxable income Taxes (22%) $ 76,340 16,795 Net income $ 59,545 Dividends Retained earnings $27,000 32,545 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 Long-term solvency ratios: g. Total debt ratio h. Debt-equity ratio times times times times i. Equity multiplier times times times Times interest earned Cash coverage ratio times Profitability ratios: Profit margin Return on assets n. Return on equity