Need help with Letters K, L and M!

Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 25,700 Accounts payable $ 24,784 16,800 Notes payable 13,000 28,700 Other 13,171 $ 24,206 14,048 $ 28,700 12,400 15,900 27,622 Total $ 65,876 $ 71,200 Total $ 50,955 $ 57,000 Long-term debt $ 85,000 $ 95,455 Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 40,000 $ 40,000 230,616 240,545 Fixed assets Net plant and equipment $340,695 $361,800 Total $270,616 $280,545 Total assets $ 406,571 $433,000 Total liabilities and owners' equity $406,571 $433,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Farninne haara Internet SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 $ 61,380 15,900 Earnings before interest and taxes Interest paid Taxable income Taxes (219) Net income $ 45,480 9,551 $ 35,929 Dividends Retained earnings $26,000 9,929 Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): (Enter your profitability ratio answers as a percent rounded to 2 decimal places, e.g. 32.16. Round the remaining answers to 2 decimal places, e.g. 32.16.) Answer is complete and correct. 2018 times Short-term solvency ratios: Current ratio b. Quick ratio c. Cash ratio 2017 1.29 0.75 0.48 1.25 0.75 0.45 times times times times times Answer is complete and correct. Asset utilization ratios: d. Total asset turnover e. Inventory turnover f. Receivables tumover 0.85 9.08 21.98 times times times Answer is complete and correct. 2017 2018 0.35 times Long-term solvency ratios: g Total debt ratio Debt-equity ratio 1. Equity multiplier 0.33 times 0.50 times h 0.54 times 1.50 times 1.54 times Answer is complete but not entirely correct. 1 k. Times interest earned Cash coverage ratio 3.86 0.00 times times Answer is complete and correct. 2017 2018 0.33 0.35 times Long-term solvency ratios: 9 Total debt ratio h. Debt-equity ratio i. Equity multiplier 0.50 times times times 0.54 times 1.50 1.54 times Answer is complete but not entirely correct. 3.86 Times interest earned Cash coverage ratio times times K. 0.00 Answer is complete but not entirely correct. L. Profitability ratios: Profit margin Return on assets Return on equity 0.00 0.00 m. % % % n. 12.81