Some recent financial statements for Smolira Golf Corp. follow.

SMOLIRA GOLF 2011 and 2012 Balance Sheets
Assets									Liabilities and Owners Equity
	2011				2012					2011				2012
Current assets									Current liabilities
Cash	$	24,236			$	26,000			Accounts payable	$	25,084			$	29,000
Accounts receivable		14,348				17,100			Notes payable		19,000				12,700
Inventory		27,892				29,000			Other		13,471				18,300
Total	$	66,476			$	72,100			Total	$	57,555			$	60,000
									Long-term debt	$	88,000			$	99,000
									Owners equity
									Common stock and paid-in surplus	$	45,000			$	45,000
									Accumulated retained earnings		219,616				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

SMOLIRA GOLF, INC. 2012 Income Statement
Sales					$	392,640
Cost of goods sold						257,000
Depreciation						48,800
Earnings before interest and taxes					$	86,840
Interest paid						16,200
Taxable income					$	70,640
Taxes (40%)						28,256
Net income					$	42,384
Dividends	$	29,000
Retained earnings		13,384

Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): (Round your answers to 2 decimal places. (e.g., 32.16))

Short-term solvency ratios:		2011	2012
a.	Current ratio	times	times
b.	Quick ratio	times	times

Asset utilization ratios:
c.	Total asset turnover	times

Long-term solvency ratios:		2011	2012
d.	Total debt ratio	times	times

e.	Times interest earned	times

Profitability ratios:
f.	Profit margin	%
g.	Return on equity	%