Some recent financial statements for Smolira Golf, Inc., follow. SMOURA 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 recevable 4.782 5,811 Notes payable 1735 2,086 Inventory 12,418 13,812 Other 87 104 Total $ 20,471 $23,080 Total $ 3,960 $ 4.760 Long-term debt $ 13,700 $16,460 Owners' equity Common stock and pald-in surplus $36,500 $ 36,500 Fixed assets Accumulated retained 38,893 15,639 earnings Net plant and equipment $49,328 $ 73,533 $ 52,139 75,393 Total Total assets $69.799 $ 96,613 Total liabilities and owners equity $ 69,799 $ 96,613 SMOLIRA GOLF, INC 2019 Income Statement Sales 186.770 Cost of goods sold 125,903 Depreciation 5.363 EBET Interest paid $55.504 1,460 SMOLIRA GOLF, INC 2019 Income Statement Sales 186,770 Cost of goods sold 125,903 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.) 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 3 times nces 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 1. Equity multiplier 1 Times interest eamed 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 % %6 %