Bethesda Mining Company reports the following balance sheet information for 2013 and 2014.

Suppose that the Bethesda Mining Company had sales of $2,216,873 and net income of $103,381 for the year ending December 31, 2014.

Required:

Calculate ROE using the Du Pont identity. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16). Enter the profit margin and return on equity as percents.)

Profit margin:

Total asset turnover:

Equity multiplier:

Return on equity:

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets Current liabilities Accounts payable Cash Accounts receivable Inventory $ 40,010 $ 51,181 128,441194,689 $228,732 $326,509 $191,922 $199,611 60,281 80,639 Notes payable 87,020 138,588 $278,942 $338,199 $241,000 $177,750 $214,000 $214,000 Total Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 152,537 186,038 $366,537 $400,038 $886,479 $915,987 Fixed assets Net plant and equipment $657,747 $589,478 Total Total assets $886,479 $915,987 Total liabilities and owners' equity