Some recent financial statements for Smolira Golf, Inc., follow. 2016 Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF, INC Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 Liabilities and Owners' Equity Current liabilities $ 2,911 $ 2,807 Accounts payable $ 2,203 4,717 5.681 Notes payable 1,800 12,678 13,682 Other 100 $20,306 $ 22,170 Total $ 4,103 Long-term debt $14,300 Owners' equity Common stock and paid-in surplus $43,000 Accumulated retained earnings 15,704 $56,801 $ 82,765 Total $58,704 $77,107 $104,935 Total liabilities and owners' equity $77.107 $ 2,700 2,216 117 $ 5,033 $ 17,060 Fixed assets Net plant and equipment Total assets $ 43,000 39,842 $ 82,842 $104.935 SMOLIRA GOLF, INC. 2016 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends $12,005 Retained earnings 24,138 $189,370 127,203 5,233 $ 56,934 1,330 $ 55,604 19,461 $ 36,143 Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (Do not round ir 2015 2016 times times times times times times times times times Short-term solvency ratios a. Current ratio b. Quick ratio C. Cash ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-term solvency ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier j. Times interest earned ratio k. Cash coverage ratio Profitability ratios | Profit margin m. Return on assets n. Return on equity times times times times times times times