Some recent financial statements for Smolira Golf, Inc., follow. pic pic

Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC Balance Sheets as of December 31, 2015 and 2016 Liabilities and Owners' Equity Current liabilities Accounts payable S 2,163 2,620 S 3,151 S 3,207 12,51813,762 $20426 $22.73 4,757 Accounts receivable Inventory Total Long-term debt Owners' equity Total $ 4,015 4,865 $13,200 $15,960 $39,000 $39,000 $54,664 $78,258 Common stock and paid-in surplus Accumulated retained earnings Fixed assets Net plant and equipment $51,453 S76,353 8 $71,879 $99,083 Tot liabilities and owners' equity $71,879 $99,083 SMOLIRA GOLF, INC. 2016 Income Statement Sales Cost of goods sold Depreciation $187,770 126,403 caon sohe Sate INe Taxable income 19,125 35,519 Dividends Retained earnings 5 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 c. Cash ratio times times Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover times ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier j. Times interest eamed ratio k. Cash coverage ratio mes mes times times times Profitability ratios I. Profit margin m.Return on assets n. Return on equity