Assets 2014 SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 25,900 Accounts payable $ 24,984 17,000 Notes payable 17,000 28,900 Other 13.371 2015 Current assets Cash Accounts receivable Inventory $ 24,226 14,248 27,802 $ 28,900 12,600 17,500 Total $ 66,276 $ 71,800 Total $ 55,355 $ 59,000 $124,000 $132,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 60,000 169.616 $ 60,000 185.000 Fixed assets Net plant and equipment $342,695 $364.200 Total $229.616 $245,000 Total assets $ 408,971 $436,000 Total liabilities and owners' equity $408.971 $436,000 SMOLIRA GOLF CORP. 2015 Income Statement Sales Cost of goods sold Depreciation $390,477 261,500 50,900 Earnings before interest and taxes Interest paid $ 78,077 16,100 Taxable income Taxes (30%) $ 61,977 18,593 Net income $ 43,384 Dividends Retained earnings $28,000 15,384 The company's profit margin is 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 times. (Round your answer to 2 decimal places, e.g., 32.16.) The equity multiplier is times. (Round your answer to 2 decimal places, e.g., 32.16.) Using the Du Pont Identity, the company's ROE is percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)