Some recent financial statements for Smolira Golf Corp follow Assets 2014 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 26,000 Accounts payable $ 25,084 17.100 Notes payable 19,000 29,000 Other 13,471 2015 Current assets Cash Accounts receivablo Inventory $ 24 236 14,348 27 892 $ 29,000 12,700 18,300 Total $ 66.476 $ 72,100 Total $ 57,555 $ 60,000 $ 88,000 $ 99,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 45,000 219.616 $ 45,000 233.000 Fixed assets Net plant and equipment $343.695 $364.900 Total $264,616 $278.000 Total assets $410.171 $437.000 Total liabilities and owners' equity $410.171 $437,000 $392,640 257,000 48,800 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 $ 86,840 16,200 $ 70,640 28,256 $ 42,384 Dividends Retained earnings $ 29,000 13,384 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 Asset utilization ratios d. Total asset turnover e. Inventory turnover 1. Receivables turnover times times times Long-term solvency ratios g. Total debt ratio 2014 2015 tines times 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 1. Profit margin m. Return on assets n. Retum on equity %% % %