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	$	3,001	$	2,957		Accounts payable	$	2,188	$	2,670
Accounts receivable		4,732		5,711		Notes payable		1,785		2,186
Inventory		12,618		13,712		Other		97		114
Total	$	20,351	$	22,380		Total	$	4,070	$	4,970
						Long-term debt	$	14,000	$	16,760
						Owners equity
						Common stock
						and paid-in surplus	$	41,500	$	41,500
Fixed assets						Accumulated retained earnings		15,689		39,623
Net plant and equipment	$	54,908	$	80,473		Total	$	57,189	$	81,123
Total assets	$	75,259	$	102,853		Total liabilities and owners equity	$	75,259	$	102,853

SMOLIRA GOLF, INC. 2019 Income Statement
Sales	$	188,770
Cost of goods sold		126,903
Depreciation		5,263
EBIT	$	56,604
Interest paid		1,360
Taxable income	$	55,244
Taxes		19,335
Net income	$	35,909
Dividends	$	11,975
Retained earnings		23,934

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
Short-term solvency ratios
a.	Current ratio	5.00	times	4.50	times
b.	Quick ratio	1.90	times	1.74	times
c.	Cash ratio	0.74	times	0.59	times
Asset utilization ratios
d.	Total asset turnover			1.84	times
e.	Inventory turnover				times
f.	Receivables turnover				times
Long-term solvency ratios
g.	Total debt ratio		times		times
h.	Debt-equity ratio		times		times
i.	Equity multiplier		times		times
j.	Times interest earned ratio				times
k.	Cash coverage ratio				times
Profitability ratios
l.	Profit margin				%
m.	Return on assets				%
n.	Return on equity				%