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Some recent financial statements for Mathison, Inc., follow. MATHISON, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities

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Some recent financial statements for Mathison, Inc., follow. MATHISON, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 5,298 $ 5,827 Accounts payable $ 3,754 $ 5,986 Accounts receivable 7,707 9,477 Notes payable 2,045 3,055 Inventory 12,150 22,956 Other 152 179 Total $ 25,155 $38,260 Total $ 5,951 $ 9,220 $ 22,700 $ 19,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Fixed assets $ 43,000 $ 43,000 28,805 47,189 Net plant and equipment $ 75,301 $ 80,149 Total $ 71,805 $ 90,189 Total assets $100,456 $118,409 Total liabilities and owners equity $100,456 $ 118,409 MATHISON, INC. 2019 Income Statement Sales $ 249,854 Cost of goods sold 204,317 Depreciation 8,730 EBIT $ 36,807 Interest paid 2,811 Taxable income $ 33.996 Taxes 7,139 Net income $ 26,857 $ Dividends Retained 8,473 19 200 MATHISON, INC. 2019 Income Statement Sales $ 249,854 Cost of goods 204,317 sold Depreciation 8,730 $ EBIT Interest paid 36,807 2,811 $ Taxable income Taxes 33,996 7,139 Net income 26,857 $ Dividends Retained earnings 8,473 18,384 Construct the DuPont identity for Mathison, Inc. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter your profit margin and return on equity answers as a percent.) Answer is complete but not entirely correct. Profit margin Total asset turnover Equity multiplier Return on equity 10.75 % 2.28 times 1.35 X times 33.09 X %

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