Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 24,206 $ 25,700 16,800 28,700 $ 65,876 $ 71,200 $ 24,784 $28,700 12,400 15,900 50,955 57,000 $85,000 $95,455 Cash Account:s Accounts payable Notes payable Other 14,048 13,000 receivable Inventory 27,622 13,171 Total Long-term debt Owners' equity Total Common stock and paid-in $40,000 40,000 surplus Accumulated retained 230,616 240,545 earnings Fixed assets Net plant and $340,695 $361,800 Total $270,616 $280,545 equipment Total liabilities and owners' equity Total assets $406,571 $433,000 $406,571 $433,000 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Earnings before interest $ 61,380 15,900 and taxes Interest paid Taxable income Taxes (21%) $ 45,480 9,551 Net income $ 35,929 Dividends Retained earnings $26,000 9,929 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.) Long-term solvency ratios g. otal debt ratio h. Debt-equity ratio i. Equity multiplier 2017 2018 times times times imes imes times i Times interest earned k. Cash coverage ratio imes imes Profitability ratios I. Profit margin m. Return on assets n. Return on equity