The following is the balance sheet and income statement for Urban Eagle Outfitters, in condensed form, plus some information from the cash flow statement.

Required:
Calculate the following liquidity ratios for Urban Eagle in 2015 and 2016.
a) Inventory Turnover
b) Current Ratio
c) Quick Ratio
d) Cash flow ratio

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2016 S 630,992 46,321 2014 S 734,693 36,721 Balance Sheet 2015 Cash and short term Investments Accounts receivable Inventorv Other Current Assets Total Current Assets Long-lived Assets Total Assets S 745,044 40,310 332.452367,514 301,208 132,035 134,620 101,788 1,141,800 1,287,488 1,174.410 582,832 647,482 593,802 1,724,632 1,934,970 1,768.212 Current liabilities 432,902 405,401 387,837 Total Liabilities Share holders Equity Total Debt and Equity 503,445 1,221,187 1,417,184 1,351.071 1,724,632 1,934,970 1,768,212 517,786 417,141 Income Statement Sales Cost of Sales Gross Margin Eamings before interest and taxes Interest 3.475,8023,120,065 2,945.294 2,085,480 1,975,471 1,763,14:3 1.390,322 1,144,594 1,182,151 402,038 275,209 317,375 137,940 99,930 232,108 121,644 laxeS Net Income 151,705 140,647 80 161 Interest paid in cash Taxes paid in cash 182 142,009 99,756 45,737 Cash Flows Cash Flow from operations Capital Expenditures Dividends S 499,671S398,137S 380,416 93,939 85,592 89,466 75,904 85,592 83,166