Some recent financial statements for Smolira Golf Corp. follow.

SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets
Assets									Liabilities and Owners Equity
	2014				2015					2014				2015
Current assets									Current liabilities
Cash	$	23,056			$	25,200			Accounts payable	$	24,284			$	28,200
Accounts receivable		13,548				16,300			Notes payable		13,000				11,900
Inventory		26,982				28,200			Other		12,671				19,900
Total	$	63,586			$	69,700			Total	$	49,955			$	60,000
									Long-term debt	$	80,000			$	92,000
									Owners equity
									Common stock and paid-in surplus	$	60,000			$	60,000
									Accumulated retained earnings		209,326				222,000
Fixed assets
Net plant and equipment	$	335,695			$	364,300			Total	$	269,326			$	282,000
Total assets	$	399,281			$	434,000			Total liabilities and owners equity	$	399,281			$	434,000

SMOLIRA GOLF CORP. 2015 Income Statement
Sales					$	375,123
Cost of goods sold						258,000
Depreciation						45,600
Earnings before interest and taxes					$	71,523
Interest paid						15,400
Taxable income					$	56,123
Taxes (40%)						22,449
Net income					$	33,674
Dividends	$	21,000
Retained earnings		12,674

Asset utilization ratios:
d.	Total asset turnover	times
e.	Inventory turnover	times
f.	Receivables turnover	times

Long-term solvency ratios:		2014	2015
g.	Total debt ratio	times	times
h.	Debtequity ratio	times	times
i.	Equity multiplier	times	times

j.	Times interest earned	times
k.	Cash coverage ratio	times

Profitability ratios:
I.	Profit margin	%
m.	Return on assets	%
n.	Return on equity	%