Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 25,600 Accounts payable $ 24,684 16,700 Notes payable 16,000 28,600 Other 13,071 $ 23,996 Current assets Cash Accounts receivable Inventory $ 28,600 13,948 12,300 27,462 19,100 Total $ 65,406 $ 70,900 Total $ 53,755 $ 60,000 Long-term debt $ 84,000 $ 91,541 $ 60,000 $ 60,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 207,346 220,460 Fixed assets Net plant and equipment $339,695 $ 361,100 Total $267,346 $280,460 Total assets $ 405,101 $432,000 Total liabilities and owners' equity $ 405,101 $432,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $ 376,068 260,000 49,450 $ 66,618 Earnings before interest and taxes Interest paid 15,800 Taxable income Taxes (25%) $ 50,818 12,705 Net income $ 38,114 Dividends Retained earnings $25,000 13,114 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 DuPont 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.)