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4 10 points Skipped Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019
4 10 points Skipped Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 3,001 $ 2,957 Accounts payable $ 2,188 $ 2,670 Accounts receivable 4,732 5,711 Notes payable 1,785 2.186 Inventory 12.618 13.712 Other 97 114 Total $ 20,351 $ 22,380 Total $ 4,070 $ 4,970 Long-term debt $ 14,000 $16,760 Owners' ec Common stock and paid-in surplus $ 41,500 $41,500 Accumulated retained Fixed assets 15,689 39.623 earnings cBook Hint References Net plant and equipment $54,908 $ 80,473 Total $ 57,189 $ 81,123 Total assets $75,259 $102,853 Total liabilities and owners' equity $75,259 $ 102,853 SMOLIRA GOLF, INC. 2019 Income Statement 188,770 $ Sales 126,903 5,263 $ 56,604 Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income 1,360 $55,244 19.335 $35,909 Dividends Retained earnings $ 11,975 23,934 Construct the DuPont identity for Smolira Golf. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) times Profit margin Total asset turnover Equity multiplier Return on equity times %
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