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 Current assets Current liabilities Cash $ 3,271 $ 3,457 Accounts payable $ 2,138 $ 2,570 Accounts receivable 4,782 5,811 Notes payable 1,735 2,086 Inventory 12,418 13,812 Other 87 104 Total $ 20,471 $23,080 Total $ 3,960 $ 4,760 $ 13,700 $16,460 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $36,500 $ 36,500 15,639 38,893 Fixed assets Net plant and equipment $49,328 $ 73,533 Total $ 52,139 $ 75,393 Total assets $69,799 $ 96,613 Total liabilities and owners' equity $ 69,799 $ 96,613 SMOLIRA GOLF, INC. 2019 Income Statement Sales $186,770 125,903 Cost of goods sold Depreciation 5,363 EBIT $ 55,504 Interest paid 1,460 Taxable income Taxes $54,044 18,915 Net income $ 35,129 Dividends Retained earnings $ 11,875 23,254 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.) 2018 2019 times times times times times times times times times Short-term solvency ratios a. Current ratio b. Quick ratio c. Cash ratio Asset utilization ratios d. Total asset turnover e. Inventory turnover f. Receivables turnover Long-term solvency ratios g. Total debt ratio h. Debt-equity ratio Equity multiplier j. Times interest earned ratio Cash coverage ratio Profitability ratios I. Profit margin Return on assets n. Return on equity times times times times times times times times k. % %