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Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities

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Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 26,100 Accounts payable $ 25,184 17,200 Notes payable 20,000 29,100 Other 13,571 $ 24,246 14,448 $ 29,100 12,800 18.100 27,992 Total $ 66,686 $ 72,400 Total $ 58,755 $ 60,000 Long-term debt $ 89,000 $ 103,648 $ 50,000 $ 50,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 213,626 223,352 Fixed assets Net plant and equipment $344,695 $364,600 Total $263,626 $ 273,352 $ 437,000 Total assets $ 411,381 Total liabilities and owners' equity $ 411,381 $ 437,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $360,968 262,500 29,200 Earnings before interest and taxes Interest paid $ 69,268 16,300 Taxable income Taxes (25%) $ 52,968 13,242 Net income $ 39,726 Dividends Retained earnings $30,000 9,726 The company's prof magnis Dercent (Use year and ligures rather than average values where appropriate Enter your answer as a percent rounded to 2 decimal places, 6.0.22.16 Thailano Round your answer to 2 daca aces... 32.16 The guy muchos mo (Round your answer to 2 decimal places, 52.163 Ung the pretty to como ROE percent (Do not round intermediate calculations Enter your answer as a percent rounded to 2 decimal places. 52.167 The company's profit margins porcent. (Une year and figures rather than average values where appropriate Enter your answers porcent rounded to 2 decimal places, o... 32.16.) The total asset turnover is times (Round your answer in 2 decimal place.2.16) The equity multiplier is times (Round your answer to 2 decimal places, s. 3216) Using the DuPonty tremary's ROES porcent (Do not round intermediate calculations. Enter your answers percent rounded to 2 decimal places, 3210)

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