Some recent financial statements for Smolira Golf Corporation follow d 2020 2021 SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity Current assets Current liabilities Cash $ 24,126 $ 24.900 Accounts payable Accounts receivable 13,248 16,000 Notes payable Inventory 26,542 27.900 Other $ $ 23,984 27900 18.000 11,600 12,371 16,500 Total $ 63,916 $ 68,800 Total $ 54,355 $ 56,000 Long-term debt $ 77,000 $ 74,606 $ $ 50.000 50.000 215 256 250,394 Fixed assets Net plant and equipment Owners' equilty Common stock and paid in surplus Accumulated retained earnings $ $ Total 332,695 362,200 $ $ Total liabilities and owners 396,611 431,000 equity $ $ 265,256 300,394 Total assets 396,611 431,000 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales 392,907 Cost of goods sold 256,500 Depreciation 48.400 Earnings before interest and $ taxes 88.007 Interest pold 15,100 Taxable income Taxes (239) $ 72,907 16769 Net Income $ 56,138 Dividends $ 21,000 Retained earnings 35,138 Find the following financial ratios for Smolira Golf Corporation (use year-end figures rather than average values where appropriate): (Enter the profitability ratio answers as a percent rounded to 2 decimal places, e.g. 32.16. Round the remaining answers to 2 decimal places, e... 32.16.) 2021 Short-term solvency ratios: a. Current ratio b. Quick ratio c. Cash ratio 2020 times times times times times times times Asset utilization ratios: d. Total asset turnover e. Inventory turnover f. Receivables turnover times times 2020 2021 Long-term solvency ratios: g. Total debt ratio h. Debt-equity ratio L. Equity multiplier times times times times times times times J. Times interest earned K. Cash coverage ratio times Profitability ratios: 1. Profit margin m. Return on assets n. Return on equity el del