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Some recent financial statements for Smolira Golf, Incorporated, follow. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total
Some recent financial statements for Smolira Golf, Incorporated, follow. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income 2021 SMOLIRA GOLF, INCORPORATED 2022 Income Statement Dividends Retained earnings SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities $ 2,851 4,707 12,718 $ 20,276 $ 58,063 $ 78,339 $ 189,770 127,403 5,213 $ 57,154 1,310 $ 55,844 19,545 $ 36,299 $ 12,025 24,274 $ 2,707 5,661 13,662 $ 22,030 $ 84,293 $ 106,323 Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 2021 $ 2,213 1,810 102 $ 4,125 $ 14,500 $ 44,000 15,714 5.59,714 $ 78,339 Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate): Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profitability 202 $ $ $1 $4 35 58 $ 10 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 % % %
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