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Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment $330,695 Total assets Sales Cost of goods sold Depreciation 2020 $24,106

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Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment $330,695 Total assets Sales Cost of goods sold Depreciation 2020 $24,106 $24,700 13,048 15,800 26,342 27,700 $63,496 $68,200 Taxable income Taxes (21%) Net income $ 394,191 Earnings before interest and taxes Interest paid Dividends Retained earnings 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities SMOLIRA GOLF CORPORATION 2021 Income Statement 363,800 432,000 $ 35,000 26,805 The company's profit margin is The total asset turnover is The equity multiplier is Using the DuPont identity, the company's ROE is Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus $ 45,000 $45,000 Accumulated retained earnings 222,236 249,041 Total liabilities and owners' equity $367,234 235,500 38,600 $ 93,134 14,900 Total $78,234 16,429 $ 61,805 Construct the DuPont identity for Smolira Golf Corporation. 2020 percent times. times percent. 2021 $23,784 $27,700 16,000 11,400 12,171 15,900 $ 51,955 $ 55,000 $75,000 $82,959 $ 267,236 $ 394,191 294,041 432,000 (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.) (Round your answer to 2 decimal places, e.g. 32.16.) (Round your answer to 2 decimal places, e.g. 32.16.) (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.)

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