Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Cuttent assets Current liabilities Cash $ 2,911 $ 2,807 Accounts payable $ 2,203 $ 2,700 Accounts receivable 4,717 5,681 Notes payable 1,800 2,216 Inventory 12,678 13,682 Other 100 117 Total $20,306 $ 22,170 Total $ 4,103 $ 5,033 Long-term debt $ 14,300 $ 17,060 Owners' equity Common stock and paid-in surplus $43,000 $ 43,000 Fixed assets Accumulated retained 15,704 39,842 earnings Net plant and Total $ 56,801 $ 82,765 $58,704 $ 82,842 equipment Total assets $ 77,107 $104,935 Total liabilities and owners' equity $ 77,107 $ 104,935 $ SMOLIRA GOLF, INC. 2019 Income Statement 189,370 Sales 127,203 Cost of goods sold Depreciation 5,233 EBIT Interest paid $56,934 1,330 Taxable income Taxes $55,604 19,461 Net income $ 36,143 Dividends Retained earnings $ 12,005 24,138 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 Warran 2018 2019 Short-term solvency ratios a. Current ratio b. Quick ratio times times times times times times c. Cash ratio Asset utilization ratios times times times times times times times d. Total asset turnover e. Inventory turnover f. Receivables turnover 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 I. Profit margin m. Return on assets n. Return on equity times times times times % % %