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cam Savod Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP 2017 and

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cam Savod Some recent financial statements for Smolira Golf Corp. follow. 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 $ 24,400 Accounts payable $ 23,484 15.500 Notes payable 13,000 27,400 Other 11,871 $ 24,076 12,748 25,742 $ 27,400 11,100 17,500 Total $ 62,566 $ 67,300 Total $ 48.355 $ 56,000 Long-term debt $ 72,000 $ 85,616 $ 45,000 $ 45,000 Owners' equity Common stock and paid in surplus Accumulated retained earnings 224,906 243,384 Fixed assets Net plant and equipment $327,695 $362,700 Total $269,906 $288,384 Total assets $390,261 $430,000 Total liabilities and owners equity $ 390,261 $430,000 1 Help Save & Exit Submit $ 378,618 254 000 56,150 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (239) Net income $ 68,468 14,600 $ 53,868 12,390 $ 41.478 Dividends Retained earnings $23,000 18.478 The company's profit marginis percent (Use year endures rather than average values where appropriate, Enter your answers percent rounded to 2 decimal places, -9.. 32.16) The total asset turnover is times (Round your answer to 2 decimal places. 3216.) The equity multiplier is times Round your answer to 2 decimal places, ... 32.16) Using the DuPont dontity the company's ROE IS percent (Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places,.,32.16.)

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