2020 2021 2020 2021 Assets Current assets Cash Accounts receivable Inventory $ 24,116 $ 24,800 13,148 15,900 26,392 27,800 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other $ 23,884 $ 27,800 17,000 11,500 12,271 15,700 Total $ 63,656 $ 68,500 Total $ 53,155 $ 55,000 Long-term debt $ 76,000 $ 80,259 Owners' equity Common stock and paid-in surplus $ 40,000 $ 40,000 Accumulated retained earnings 226,196 258,741 Fixed assets Net plant and equipment $ 331,695 $ 365,500 Total $ 266,196 $ 298,741 Total assets $ 395,351 $ 434,000 Total liabilities and owners' equity $ 395,351 $ 434,000 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales Cost of goods sold Depreciation $ 396,340 256,000 49,000 Earnings before interest and taxes Interest paid $ 91,340 15,000 Taxable income Taxes (22%) $ 76,340 16,795 Net income $ 59,545 Dividends Retained earnings $ 27,000 32,545 Construct the DuPont identity for Smolira Golf Corporation. Construct the DuPont identity for Smolira Golf Corporation. The company's profit margin is 15.02 percent. The total asset turnover is times (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.) (Round your answer to 2 decimal places, e.g., 32.16.) (Round your answer to 2 decimal places, e.g., 32.16.) (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) times The equity multiplier is Using the DuPont identity, the company's ROE is percent