Some recent financial statements for Mathison, Inc., follow. MATHISON, INC. Balance Sheets as of December 31, 2020 and 2021 2020 2021 Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Assets: Total assets $5,298 $5,827 7,707 12,150 $ 25,155 $38,260 9,477 22,956 Other $ 75,301 $ 80,149 $100,456 $118,409 Current liabilities Accounts payable Notes payable Total 2020 Liabilities and Owners' Equity Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 2021 3,754 $ 5,986 2,045 3,055 179 152 $ 5,951 $ 9,220 $22,700 $ 19,000 $ 43,000 $43,000 28,805 47,189 $ 71,805 $ 90,189 $100,456 $118,409 h S MATHISON, INC. 2021 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $ 8,473 18,384 $ 249,854 204,317 8,730 LA LA 36,807 2,811 33,996 7,139 $ 26,857 Find the following financial ratios for Mathison, Inc. (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 profit margin, return on assets, and return on equity as a percent.) 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 J. Times interest earned ratio k Cash coverage ratio Profitability ratios 1. Profit margin m. Return on assets n. Return on equity 2020 times times times 2021 times times times times times times times times times times times % % %