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Some recent financial statements for Smolira Golf Corp. follow. Assets 2014 2015 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015

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Some recent financial statements for Smolira Golf Corp. follow. Assets 2014 2015 SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 26,000 Accounts payable $ 25,084 17,100 Notes payable 19.000 29,000 Other 13,471 Current assets Cash Accounts receivable Inventory $ 24,236 14,348 27,892 $ 29,000 12.700 18,300 Total $ 66,476 $ 72,100 $ 60,000 $ 57,555 $ 88,000 $ 99,000 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ 45,000 219,616 $ 45,000 233,000 $343,695 $364,900 $264,616 $ 278,000 Fixed assets Net plant and equipment Total assets $410,171 $437,000 $410,171 $437,000 Sales $ 392,640 257,000 48,800 SMOLIRA GOLF CORP 2015 Income Statement Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (40%) Net income $ 86,840 16,200 $ 70,640 28,256 $ 42,384 Dividends Retained eamings $ 29,000 13,384 The company's profit margin is percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) The total asset turnover is times. (Round your answer to 2 decimal places, e.g., 32.16.) The equity multiplier is times. (Round your answer to 2 decimal places, e.g., 32.16.) Using the Du Pont Identity, the company's ROE is percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.)

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