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Balance Sheets as of December 31, 2015 and 2016 Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable 3,151 $3,207 4,757 12,518 2,163

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Balance Sheets as of December 31, 2015 and 2016 Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable 3,151 $3,207 4,757 12,518 2,163 2,620 8 Accounts payable 2 Notes payable 13,762 $20,426 $22,730 Other Total $ 4,015 $ 4,865 $13,200 $15,960 Long-term debt Owners' equity $39,000 $39,000 39,258 $54,664 $78,258 $71,879 $99,083 Common stock and paid-in surplus Accumulated retained earnings Fixed assets Net plant and equipment Total assets $51,453 $76,353 $71,879 $%99,083 Total liabilities and owners' equity SMOLIRA GOLF, INC 2016 Income Statement $187,770 126,403 Cost of goods sold Depreciation $ 56,054 Interest paid Taxable income $54,644 19,125 35,519 2 5 5 Net income Dividends Retained earnings $11,925 23,594 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.) Profit margin Total asset turnover Equity multiplier Return on equity times times

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