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SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Llabilities anel Owners' Equity Current assets Current liabilities
SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Llabilities anel Owners' Equity Current assets Current liabilities Cash $ 3,211 $ 3,307 Accounts payable $ 2,153 $ 2,600 Accounts receivable 4,767 5,781 Notes payable 1,750 2.116 Inventory 12,478 13,782 Other 90 107 Total $20,456 $22,870 Total $ 3,993 $ 4,823 $ 13,400 $ 16,160 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 38,000 $38,000 $ Fixed assets 15,654 39,112 Net plant and equipment $ 50,591 $75,225 Total $53,654 $ 77,112 98,095 Total assets $ 71,047 $98,095 Total liabilities and owners' equity $ 71,047 $ SMOLIRA GOLF, INC. 2019 Income Statement Sales $187,370 126,203 Cost of goods sold Depreciation 5,333 EBIT Interest paid $ 55,834 1,430 Taxable income Taxes $54,404 19.041 Net income $35,363 Dividends Retained earnings $ 11,905 23,458 Construct the DuPont identity for Smolira Golf. IDo not round Intermediate calculations and round your answers to 2 decimal places, e.... 32.16. Enter the protit margin and return on equity as a percent. Profit margin Total asset turnover Equity multiplier Return on equity times times
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