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Some recent financial statements for Smolira Golf, Inc., follow. 2018 Surle recent financial slatements for Smolia Gul, Inc., folus. SMOURA GOLF INC Balance Sheets as
Some recent financial statements for Smolira Golf, Inc., follow.
2018 Surle recent financial slatements for Smolia Gul, Inc., folus. SMOURA GOLF INC Balance Sheets as of December 31, 2015 and 2018 2015 2016 2015 Assets Liabilities and was Elity Qurantes Current liabilis Cash 5 8,271 3 3,157 Accounts payable $ 2139 Accounts for 4.78 5811 Neles payable | Inwentary 12,410 13,012 Tolal $70471 523010 Toll Loreleindol $13.700 $ Carers aqurty Common stock and paid-i surplus $38.500 Frases Accurrualni ratained earrings 15.839 Net plant and equipmer $46,328 $73,513 $52.139 Total are SAA 700 $98,813 Tatal lahtis arvinners' qury $69.790 S 2570 2014! 104 54.71 $18.480 $38.500 33.893 $75,392 $ $93,313 SWOLIRA GOLF, INC 20118 Income Statement Salus Oost of goods sold Debreclaton EBIT Interest all Taxable income Texas Net income Odoncs $11.875 Retained cernings 23 254 S183,770 125.909 5,383 S 55.500 1,481 $ 5.00 11,9115 $ 35,129 B Find the following financial ratios for Siroira Golf (use year-end figures rather than average values where appropriate (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.) 2015 2016 Short-term sa vency ratias a. Current ratio imes times 6. Quick ratio mes Times c Cash ratio mes times Asset utilization ratios d. Tatal asenne timas c. Inventory h.raver himns t. Recobios turnover Thes Lurlem solvency alice 9. Talal dobl ratio mes limas 11. Debequily ratio incs i Equity multiplier mes limus Times olamned rati limes Cacheverage ratio limes Profitability rate L Profitingin 23 mm. Return on als ". Return on equily that the man 2018 Surle recent financial slatements for Smolia Gul, Inc., folus. SMOURA GOLF INC Balance Sheets as of December 31, 2015 and 2018 2015 2016 2015 Assets Liabilities and was Elity Qurantes Current liabilis Cash 5 8,271 3 3,157 Accounts payable $ 2139 Accounts for 4.78 5811 Neles payable | Inwentary 12,410 13,012 Tolal $70471 523010 Toll Loreleindol $13.700 $ Carers aqurty Common stock and paid-i surplus $38.500 Frases Accurrualni ratained earrings 15.839 Net plant and equipmer $46,328 $73,513 $52.139 Total are SAA 700 $98,813 Tatal lahtis arvinners' qury $69.790 S 2570 2014! 104 54.71 $18.480 $38.500 33.893 $75,392 $ $93,313 SWOLIRA GOLF, INC 20118 Income Statement Salus Oost of goods sold Debreclaton EBIT Interest all Taxable income Texas Net income Odoncs $11.875 Retained cernings 23 254 S183,770 125.909 5,383 S 55.500 1,481 $ 5.00 11,9115 $ 35,129 B Find the following financial ratios for Siroira Golf (use year-end figures rather than average values where appropriate (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability ratios as a percent.) 2015 2016 Short-term sa vency ratias a. Current ratio imes times 6. Quick ratio mes Times c Cash ratio mes times Asset utilization ratios d. Tatal asenne timas c. Inventory h.raver himns t. Recobios turnover Thes Lurlem solvency alice 9. Talal dobl ratio mes limas 11. Debequily ratio incs i Equity multiplier mes limus Times olamned rati limes Cacheverage ratio limes Profitability rate L Profitingin 23 mm. Return on als ". Return on equily that the manStep by Step Solution
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