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 $ 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 $ 14,300 $ 17,060 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $43,000 $ 43,000 15,704 39,8 39,842 Fixed assets Net plant and equipment $ 56,801 $ 82,765 Total $58,704 $ 82.842 Total assets $ 77,107 $104,935 25 Total liabilities and owners' equity $ 77,107 $ 104,935 SMOLIRA GOLF, INC. 2019 Income Statement Sales $ 189,370 Cost of goods sold 127.203 Depreciation 5,233 EBIT Interest paid $56.934 1,330 Taxable income Taxes $55.604 19.461 Net income $ 36.143 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 os 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 i. Equity multiplier j. Times interest earned ratio k. Cash coverage ratio Profitability ratios 1. Profit margin m. Return on assets n. Return on equity times Times times times times times times times