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EARL GREY GOLF CORP$\mathrm{.}2017$ and $2018$ Statement of Financial PositionAssets$20172018$Liabilities and Owners' EquityCurrent assets$20172018$Cash$ $24\mathrm{.}046$$ $24,255$Current liabilitiesAccounts receivable$112,44815,235$Accounts payableNotes payable$ $23,184$$ $27,420$Inventory$25,39212,00010,800$Total$ $61,88627,155$$ $66\mathrm{.}645$Other$11,57115,553$Fixed assetsTotal$ $46,755$$ $53\mathrm{.}773$Net plant and equipmentLong$-$term debt$ $80\mathrm{.}000$$ $95\mathrm{.}000$$$324,695$$$365,734$Owners' equity Common stook and paid$-$in surplus$ $40\mathrm{.}000$$ $40,000$Retained earnings$219,826243\mathrm{.}606$Total assets$$386,581$$$432\mathrm{.}379$Total$$259\mathrm{.}826$$$283,606$Total liabilities and owners equity$$386,581$$$432\mathrm{.}379$EARL GREY GOLF CORP$\mathrm{.}2018$ Statement of Comprehensive IncomeSalesCost of goods sold$$366,996$Depreciation$253,122$Earnings before interest and tax$32,220$Interest paid$ $81\mathrm{.}654$Taxable income$14\mathrm{.}300$$ $67\mathrm{.}354$Taxable income$ $67,354$Taxes $(35\%)23,574$Net Income$ $43,780$Dividends$$20\mathrm{.}000$Additions to retained earnings$23\mathrm{.}780$Find the following financial ratios for Earl Grey Golf Corp. $($use year$-$end figures rather than average values where appropriate$)$:Long$-$term solvency ratiosg. Total debt ratioh. Debt$-$equity ratioi. Equity multiplierj. Times interest earned ratiok. Cash coverage ratioProfitability ratios$1.$ Profit margin $-$m$.$ Return on assetsn. Return on equity

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