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Use the provided financial statements for EagleCreek Golf Inc. for 2019 to calculate the following ratios. 1. Current Ratio 2. Total Asset Turnover 3. Total

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Use the provided financial statements for EagleCreek Golf Inc. for 2019 to calculate the following ratios. 1. Current Ratio 2. Total Asset Turnover 3. Total Debt Ratio 4. Net Profit Margin 5. Return on Equity . Please label each answer blank accordingly! It needs to be clear as to which ratio you are reporting an answer in a specific blank. If it is not clear, you will NOT receive credit for that answer. Example, in Blank 1, include the words "Current Ratio" as well as the numerical answer as such: "Current Ratio = 10.25X". This assumes the current ratio is 10.25 (which is it not). Round your final answers to 2 decimal places. Be sure to format the ratios correctly, in standard format, including appropriate symbols (X, %, $) as needed. EagleCrook Golf Inc Balance Sheets as of December 31st 2018 2019 ASSETS Current Assets Cash Accounts Receivable Inventories Total Current Assets Net Fixed Assets Total Assets $4,702 $6,790 $17,500 $28,992 $68,688 $97,680 $4,200 $9,200 $19,279 $32,679 $80,045 $112,724 LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable Notes Payable Other Current Liabilities Total Current Liabilities Long-Term Debt $3,433 $2,798 $151 $6,382 $27,500 $3,861 $4,003 $200 $8,064 $31,536 Owners' Equity Common Stock and Pald-In Surplus Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity $38,000 $25,798 $63,798 $97,680 $38,000 $35,124 $73,124 $112,724 EagleCreek Golf Inc Income Statement - Year Ended 2019 Sales Less: Cost of Goods Sold Less: Depreciation Expense Earnings Before Interest & Taxes (EBIT) Less: Interest Expenses Earnings Before Taxes (EBT) Less: Taxes (21%) Net Income $209,722 $158,987 $5,009 $45,726 $1,680 $44,046 $9,250 $34,796 Dividends Paid Retained Earnings $17,627 $17,169 Dividends Paid Retained Earnings $17.627 $17.189 Blank # 1 Current Ratio- A Blank # 2 Total Asett Turnover AM Blank # 3 Total debt ratio- > Blank #4 Net profit Margin- A/ A Blank # 5 Return on equity

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