Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2009 and 2010 2009 2010 2009 2010 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 2,881 $ 2,757 Accounts payable $ 2,208 $ 2,710 Accounts receivable 4,712 5,671 Notes payable 1,805 2,226 Inventory 12,698 13,672 Other 101 118 Total $ 20,291 $ 22,100 Total $ 4,114 $ 5,054 Long-term debt $ 14,400 $ 17,160 Owners equity Common stock and paid-in surplus $ 43,500 $ 43,500 Fixed assets Accumulated retained earnings 15,709 39,915 Net plant and equipment 57,432 83,529 Total $ 59,209 $ 83,415 Total assets $ 77,723 $ 105,629 Total liabilities and owners equity $ 77,723 $ 105,629 SMOLIRA GOLF, INC. 2010 Income Statement Sales $ 189,570 Cost of goods sold 127,303 Depreciation 5,223 EBIT $ 57,044 Interest paid 1,320 Taxable income $ 55,724 Taxes 19,503 Net income $ 36,221 Dividends $ 12,015 Retained earnings 24,206

Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16). Enter the profitability ratios as percents.)

Short-term solvency ratios			2009		2010
a.	Current ratio		___times		____times
b.	Quick ratio		___times		____times
c.	Cash ratio		___times		____times
Asset utilization ratios
d.	Total asset turnover				____times
e.	Inventory turnover				____times
f.	Receivables turnover				_____times
Long-term solvency ratios
g.	Total debt ratio		___times		______times
h.	Debt-equity ratio		___imes		______times
i.	Equity multiplier		___times		______ times
j.	Times interest earned ratio				______times
k.	Cash coverage ratio				______imes
Profitability ratios
l.	Profit margin				______%
m.	Return on assets				______%
n.	Return on equity