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) Construct the DuPont Identity for Smolira Golf Corp., given related information from 2012 Income Statement (Sales $366,996; net income $43,780) and 2012 Balance Sheet
) Construct the DuPont Identity for Smolira Golf Corp., given related information from 2012 Income Statement (Sales $366,996; net income $43,780) and 2012 Balance Sheet (Total Equity $283,606; Total Asset $432,379). First, calculate the three components individually; second, show the DuPont Identity holds.
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