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Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory $ 23,086 13,848 27,362 SMOLIRA GOLF CORP.

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Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory $ 23,086 13,848 27,362 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 25,500 Accounts payable $ 24,584 16,600 Notes payable 15,000 28,500 Other 12,971 $ 70,600 Total $ 52,555 Long-term debt $ 55,000 $ 28,500 12.200 18,300 Total $ 64,296 $59.000 $ 49,383 $ 52,000 $ 52,000 Owners' equity Common stock and paid in surplus Accumulated retained earnings 243.436 274,617 Fixed assets Net plant and equipment $338,695 Total $364,400 $ 326,617 $295.436 $ 402.991 $435,000 Total assets Total liabilities and owners' equity $435,000 $ 402,991 blems - Part 6 Help SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $ 359,607 235,900 35,400 Earnings before interest and taxes Interest paid $ 88,307 15.700 Taxable income Taxes (24%) $ 72.607 17,426 Net income $ 55,181 Dividends Retained earnings $24.000 31,181 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, 0.0.32.16.) 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.) Search The company's profit marginis percent (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, e... 32.16.) The total asset turnover is times. (Round your answer to 2 decimal places, e... 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.)

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