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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment. Total assets Assets

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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment. Total assets Assets Sales Cost of goods sold Depreciation SMOLIRA GOLF, INC. 2016 Income Statement EBIT Interest paid Taxable income Taxes Net income Dividends Badaloed $ 2,791 4,697 12,758 $20,246 SHOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 $59,325 $79,571 $12,045 24 410 $ 2,607 5,641 13,642 $21,890 $ 85,821 $107,711 $190,170 127,603 5,193 $57,374 1,290 $ 56,084 19,629 $36,455 Liabilities and Owners' Equity Current liabilities. Accounts payable. Notes payable: Other 2015 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 2,223 1,820 104 $ 4,147 $14,700 $45,000 15,724 $60,724 $79,571 2016 $ 2,740 2,256 121 $ 5,117 $ 17,460 $ 45,000 40,134 $ 85,134 $107,711 Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $12,045 24,410 5,193 $ 57,374 1,290 $ 56,084 19,629 $36,455 Find the following financial ratios for Smolira 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.) Short-term solvency ratios a. Current ratio b. Quick ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover Long-term solvency ratios 8. Total debt ratio h. Debt-equity ratio i. Equity multiplier 3. Tines interest earned ratio Profitability ratios 1. Profit margin n. Return on equity 2016 times tines times times times times tines tines

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