SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 23,086 $ 25,500 Accounts payable $ 24,584 $ 28,500 Accounts receivable 13,848 16,600 Notes payable 15,000 12,200 Inventory 27,362 28,500 Other 12,971 18,300 Total $ 64,296 $ 70,600 Total $ 52,555 $ 59,000 Long-term debt $ 55,000 $ 49,383 Owners equity Common stock and paid-in surplus $ 52,000 $ 52,000 Accumulated retained earnings 243,436 274,617 Fixed assets Net plant and equipment $ 338,695 $ 364,400 Total $ 295,436 $ 326,617 Total assets $ 402,991 $ 435,000 Total liabilities and owners equity $ 402,991 $ 435,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 359,607 Cost of goods sold 235,900 Depreciation 35,400 Earnings before interest and taxes $ 88,307 Interest paid 15,700 Taxable income $ 72,607 Taxes (24%) 17,426 Net income $ 55,181 Dividends $ 24,000 Retained earnings 31,181

what is the profit margin?

total asset turnover?

equity multiplier?

ROE?