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Please help! 94 SMOLIRA GOLF, INC Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current

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94 SMOLIRA GOLF, INC Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 3,091 $ 3,107 Accounts payable $ 2,173 $ 2,640 Accounts receivable 4,747 5,741 Notes payable 1770 2,156 Inventory 12,558 13,742 Other 111 Total $20,396 $22,590 Total $ 4,037 $ 4,907 Long-term debt $ 13,000 $15,760 Owners' equity Common stock 40,000 and paid-in surplus $40,000 $ Accumulated retained 39,404 Fixed assets 15,674 earnings Net plant and equipment $ 52,315 $ 77,481 Total 79,404 $ 55,674 $ Total assets $ 72,711 $100,071 Total liabilities and owners' equity 100,071 $ 72,711 $ SMOLIRA GOLF, INC. 2019 Income Statement Sales $188,170 126,603 Cost of goods sold Depreciation 5,293 EBIT Interest paid $ 56,274 1,390 Taxable income Taxes $ 54,884 19,209 Net income $ 35,675 Dividends $ 11,945 23,730 Retained earnings 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 times times Equity multiplier Return on equity %

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