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Check my wol Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018

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Check my wol 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 Total $ 51,955 $ 75,000 $ 55,000 $ 82,959 Long-term debt $ 45,000 $ 45,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 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 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $ 367,234 235,500 38,600 $ Earnings before interest and taxes Interest paid 93,134 14,900 Taxable income Taxes (21%) $ 78,234 16,429 Net income $ 61,805 Dividends Retained earnings $35,000 26,805 The company's profit margin is percent. (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.) The total asset turnover is times. (Round your answer to 2 decimal places, The equity multiplier is times. (Round your answer to 2 decimal places, e.g., 32.16.) Using the DuPont Identity, the company's RC percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) TIR

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