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SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities 24,076 24,400 15,500 27,400
SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities 24,076 24,400 15,500 27,400 62,566 67,300 $ 23,484 $27,400 11,100 17,500 $ 48,355 $ 56,000 $ 72,000 $85,616 Cash Accounts Accounts payable Notes payable Other 12,748 13,000 eceivable Inventory 25,742 11,871 Total Total Long-term debt Owners' equity Common stock and paid-in 45,000 $45,000 surplus Accumulated retained 224,906 243,384 earnings Fixed assets Net plant and equipment $327695 $362,700 Total $269,906 $288,384 Total Tliabilities and owners Total assets $390,261 $430,000 $ 390,261$430,000 equity The company's profit margin is percent rounded to 2 decimal places, e.g., 32.16.) The equity multiplier is percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a The total asset turnover is times. (Round your answer to 2 decimal places times. ( Round your answer to 2 decimal places, e.g.,32.16) Using the DuPont Identity, the company's Ro (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 3216)
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