Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 $ 24,066 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 24,300 Accounts payable $ 23,384 15,400 Notes payable 13,000 27,300 Other 11,771 Current assets Cash Accounts receivable Inventory $ 27,300 12,648 25,642 11,000 16,700 Total $ 62,356 $ 67,000 Total $ 48,155 $ 55,000 Long-term debt $ 71,000 $ 83,103 $ 42,000 $ 42,000 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 227,896 248,897 Fixed assets Net plant and equipment $326,695 $362,000 Total $269,896 $290,897 Total assets $ 389,051 $429,000 Total liabilities and owners' equity $ 389,051 $429,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,630 253,500 46,500 $ 69,630 Earnings before interest and taxes Interest paid 14,500 Taxable income Taxes (22%) $ 55,130 12,129 Net income $ 43,001 Dividends Retained earnings $22,000 21,001 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.)