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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 $ 24,700 Accounts payable $ 23,784 15,800 Notes payable 16,000 27,700 Other 12,171 $ 24,106 13,048 26,342 $ 27,700 11,400 15,900 Total $ 63,496 68,200 $ 51,955 $ 55,000 Total Long-term debt $ 75,000 $ 82,959 $ 45,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 45,000 222,236 249,041 Fixed assets Net plant and equipment $330,695 $363,800 Total $ 267,236 $ 294,041 Total assets $ 394,191 $432,000 Total liabilities and owners' equity $ 394,191 $432,000 $367,234 235,500 38,600 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (21%) $ 93,134 14,900 $ 78,234 16,429 Net income $ 61,805 Dividends Retained earnings $35,000 26.805 F The company's profit margi percent. (Une year and figures rather than warge values where appropriate Enter your answer percent rounded to decimal.33.16.) The total asset tuovers mes. Round your www to decimal places, 0.32.10) The equity mulier mes (Round your answer to 2 decimal places, 32.16.) Using the DuPont Identity, the company's ROE IS percent Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places,... 32.16.)

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