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5 Some recent financial statements for Smolira Golf, Inc., follow. Current assets: Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets

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5 Some recent financial statements for Smolira Golf, Inc., follow. Current assets: Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Sales Cost of goods sold Depreciation Assets EBIT Interest paid Taxable income Taxes Net Income SMOLIRA GOLF, INC. 2016 Income Statement SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 Dividends Retained earnings $ 3,001 $ 2,957 4,732 5,711 12,618 $20,351 $54,908 $75,259 $11,975 23,934 13,712 $ 22,380 $80,473 $102,853 $188,770 126,903 5.263 $ 56,604 1,360 $ 55,244 19,335 $ 35,909 tiabilities and Owners' Equity $ 2,188 1,785 97 $4,070 $14,000 Current liabilities Accounts payable Notes payable Other 2015 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $41,500 15,689 $57,189 $75,259 2016 $ 2,670 2,186 114 $ 4,970 $ 16,760 $ 41,500 39,623 $ 81,123 $102,853 A 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.). Construct the DuPont identity for Smolira Golf. (Do not round intermediate calculations and round your anst e.g., 32.16. Enter the profit margin and return on equity as a percent.) Profit margin Total asset turnover. Equity multiplier: Return on equity % 8.8 times times %

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