Des Some recent financial statements for Earl Grey Golf Corp. follow Assets Current assets Cash EARL GREY GOLF CORP. 2017 and 2018 Statement of Financial Position 2017 2018 Current liabilities $ 24,255 $ 24,046 12,448 25,392 Accounts payable Notes payable 15,235 27,155 Other $ 61,886 $ 66,645 Total Long-term debt Owners equity $324,695 $365,734 Common stock and paid-in surplus Retained earnings Total $386,581 $432,379 Total liabilities and owners' equity EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income $366,996 253,122 32,220 $ 81,654 Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Sales Cost of goods sold Depreciation Earnings before interest and tax Liabilities and Owners' Equity 2017 $ 23,184 12,000 11,571 $ 46,755 $ 80,000 $ 40,000 219,826 $259,826 $386,581 2018 $ 27,420 10,800 15,553 $53,773 $ 95,000 $ 40,000 243,606 $283,606 $432,379 Check my work EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income Sales Cost of goods sold Depreciation Earnings before interest and tax $366,996 253,122 32,220 $ 81,654 14,300 $ 67,354 Interest paid Taxable income Taxes (35%) 23,574 Net income $ 43,788 Dividends Additions to retained earnings $20,000 23,780 The company's profit margin is [ 11.91 percent. (Use year-end figures rather than average values where appropriate. Do not include the percent sign (%). Round the final answer to 2 decimal places.) Total asset turnover is 896 times. (Round the final answer to 3 decimal places.) Equity multiplier is 151 (Round the final answer to 2 decimal places.) Using the Du Pont Identity, the company's ROE is decimal places.) 7.07 percent. (Do not include the percent sign (%). Round the final answer to 2