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Some recent financial statements for Smolira Golf, Inc., follow. Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where
Some recent financial statements for Smolira Golf, Inc., follow. 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 c. Cash ratio 20152016 Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover \begin{tabular}{|l|} \hline times \\ \hline \hline times \\ \hline \hline times \end{tabular} 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 l.Profit margin m. Return on assets n. Return on equity \begin{tabular}{rr} \hline & % \\ \hline \hline & % \\ \hline \hline \end{tabular}
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