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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

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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 Some recent financial statements for Smolira Golf, Inc., follow. Current assets. Cash Accounts receivable: Inventory Total Assets Sales Cost of goods sold Depreciation SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 Fixed assets Net plant and equipment $58,694 $ 85,057 Total assets $78,955 $107,017 EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $ 2,821 $ 2,657 4,702 5,651 12,738 13,652 $20,261 $ 21,960 SMOLIRA GOLF, INC. 2016 Income Statement $12,035 24,342 $189,970 127,503 5,203 $ 57,264 1,300 $ 55,964 19,587 $36,377 2015 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $ 2,218 $ 2,730 1,815 103 2,246 120 $ 4,136 $14,600 $44,500 15,719 2016 $60,219 Total liabilities and owners' equity $78,955 $ 5,096 $ 17,360 $ 44,500 40,061 $ 84,561 $107,017

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