Some recent financial statements for Smolira Golf Corp. follow Assets 2014 2015 Current assets Cash Accounts receivable Inventory Total $ 23,056 13,548 26,982 $ 63,586 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 25,200 Accounts payable $ 24,284 16,300 Notes payable 13,000 28,200 Other 12,671 $ 69,700 Total $ 49,955 Long-term debt $ 80,000 Owners' equity Common stock and paid-in surplus $ 60,000 Accumulated retained earnings 209.326 $ 28,200 11.900 19.900 $ 60,000 $ 92,000 $ 60.000 222,000 $282.000 Fixed assets Net plant and equipment Total assets $335,695 $364 300 Total $269,326 $399,281 $434,000 Total liabilities and owners' equity $399,281 $434,000 $375,123 258,000 45,600 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 $ 71,523 15,400 $ 56,123 22,449 $ 33,674 Dividends Retained earnings $ 21,000 12,674 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 times Short-term solvency ratios: a. Current ratio b. Quick ratio c. Cash ratio 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 j. Times interest earned k. Cash coverage ratio times times Profitability ratios: I. Profit margin m. Return on assets n. Return on equity % % %