10 Some recent financial statements for Smolira Golf Corp. tollow WWW Assets 2017 2018 2018 $ Current assets Cash Accounts receivable inventory 24,136 13.348 26,722 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners Equity 2017 Current liabilities $ 25,000 Accounts payable $ 24.084 16.100 Notes payable 19,000 28.000 Other 12,471 $ 69.100 Total $ 55.555 $ 28,000 11,700 18,300 Print cos Totat $ 64,206 $ 58,000 Long-term debt $ 78,000 S 91.532 $ 60.000 $ 60,000 Owners' equily Common stock and paid in surplus Accumulated retained earnings $ 60.000 204,346 223.468 Fixed assets Net plant and equipment $333,695 $363.900 Total $264,346 $283.468 $ 397.901 Total assets $433,000 90 Total liabilities and owners $ 397,901 $433.000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation points $ 383,818 257,000 48,300 eBook Earnings before interest and taxes Interest paid $ 78,518 15.200 Hint Print Taxable income Taxes (24%) $ 63,318 15,196 References Net income $ 48,122 Dividends Retained earnings $ 29,000 19,122 The company's profit margin is 12.53 percent (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) The total asset turnover is 96.46 times. (Round your answer to 2 decimal places, e... 32.16.) The equity multiplier is times. (Round your answer to 2 decimal places, e.g., 32.26.) Using the DuPont Identity, the company's ROES percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, ... 32.16.)