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Some recent financial statements for Smolira Golf, Inc., follow. Current assets Cash Accounts receivable Inventory Total Fixed assets Het 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 Het plant and equipment Total assets Assets Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes SHOLIRA GOLF, INC. 2016 Income Statement Net Income Dividends Retained earnings SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 $ 2,821 4,702 12,738 $20,261 $58,694 $78,955 $12,035 24,342 $ 2,657 5,651 13,652 $ 21,960 85,057 $107,017 $189,970 127,503 5,203 $ 57,264 1,300 $55,964 19,587 $36,377 2015 Liabilities and Owners' Equity $ 2,218 1,815 103 $4,136 $14,600 Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 2016 $ 2,730 2,246 120 $5,096 $ 17,360 $44,500 15,719 $60,219 $78,955 $107,017 $ 44,500 40,061 $ 84,561 Find the following financial ratios for Smolira Golf (use vear end figures rather than average values where appropriate) (Do not round 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 - Total debt ratio h. Debt-equity ratio 1. Equity multiplier j. Times interest earned ratio Profitability ratios 1. Profit margin n. Return on equity. 2016 times times times times times tines tines 4

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