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	$	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 earnings		15,704				39,842
Net plant and equipment	$	56,801			$	82,765			Total	$	58,704			$	82,842
Total assets	$	77,107			$	104,935			Total liabilities and owners equity	$	77,107			$	104,935

SMOLIRA GOLF, INC. 2016 Income Statement
Sales				$	189,370
Cost of goods sold					127,203
Depreciation					5,233
EBIT				$	56,934
Interest paid					1,330
Taxable income				$	55,604
Taxes					19,461
Net income				$	36,143
Dividends	$	12,005
Retained earnings		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 percent.)

		2015			2016
Short-term solvency ratios
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.	Debtequity 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					%