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Some recent financial statements for Smolira Golf, Incorporated, follow. Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where

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image text in transcribed Some recent financial statements for Smolira Golf, Incorporated, follow. 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 ratios as a percent. \begin{tabular}{|l|l|l|l|l|} \hline & \multicolumn{2}{|c|}{2021} & \multicolumn{2}{c|}{2022} \\ \hline Short-term solvency ratios & & & & \\ \hline a. Current ratio & & times & & times \\ \hline b. Quick ratio & & times & & times \\ \hline c. Cash ratio & & times & & times \\ \hline Asset utilization ratios & & & & \\ \hline d. Total asset turnover & & & & times \\ \hline e. Inventory turnover & & & & times \\ \hline f. Receivables turnover & & & & times \\ \hline Long-term solvency ratios & & & & \\ \hline g. Total debt ratio & & times & & times \\ \hline h. Debt-equity ratio & & times & & times \\ \hline i. Equity multiplier & & times & & times \\ \hline j. Times interest earned ratio & & & & times \\ \hline k. Cash coverage ratio & & & & times \\ \hline Profitability ratios & & & & \\ \hline I. Profit margin & & & & % \\ \hline m. Return on assets & & & & \\ \hline n. Return on equity & & & \\ \hline \end{tabular}

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