Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 3,211 $ 3,307 Accounts payable $ 2,153 $ 2,600 Accounts receivable 4,767 5,781 Notes payable 1,750 2,116 Inventory 12,478 13,782 Other 90 107 Total $ 20,456 $ 22,870 Total $ 3,993 $ 4,823 Long-term debt $ 13,400 $ 16,160 Owners equity Common stock and paid-in surplus $ 38,000 $ 38,000 Fixed assets Accumulated retained earnings 15,654 39,112 Net plant and equipment $ 50,591 $ 75,225 Total $ 53,654 $ 77,112 Total assets $ 71,047 $ 98,095 Total liabilities and owners equity $ 71,047 $ 98,095 SMOLIRA GOLF, INC. 2016 Income Statement Sales $ 187,370 Cost of goods sold 126,203 Depreciation 5,333 EBIT $ 55,834 Interest paid 1,430 Taxable income $ 54,404 Taxes 19,041 Net income $ 35,363 Dividends $ 11,905 Retained earnings 23,458 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.)

Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2016 2015 Liabilities and Owners' Equity Current assets S 3,211 3,307 5,781 Accounts payable Notes payable S 2,153 2,600 4,767 12,478 Accounts receivable 1,750 5 3,993 5 4,823 $13,400 $16,160 Long-term debt $38,000 S38,000 Common stock and paid-in surplus Accumulated retained earnings 15,654 $53,654 ST7112 $71,047 S98,095 Fixed assets $50591 S75,225 Total S71,047 S9B,095 To labilities and owners' equity Net plant and equipment Total assets SMOLIRA GOLF, INC. 2016 Income Statement Cost of goods sold 126,203 5,333 Interest paid Taxable Income Taxes Net income 19,041 35,363 Retained eanings 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.) 2015 2016 Short-term solvency ratics a. Current ratio b. Quick ratio c. Cash ratio Asset ubilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-tern solvency ratios g. Total debt ratio h. Debt-equity ratio i. Equity multiplier j. Times interest eamed ratio k. Cash coverage ratio Proftability ratios I. Profit margin m.Return on assets n. Return on equity