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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

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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 $ 24,200 Accounts payable $ 23,284 15,300 Notes payable 12,000 27,200 Other 11,671 Current assets Cash Accounts receivable Inventory $ 27,200 $ 24,056 12,548 10,900 15,900 25,592 Total $ 62,196 $ 66,700 Total $ 46,955 $ 54,000 Long-term debt $ 90,000 $ 93,294 Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 42,000 $ 42,000 208,936 242,706 Fixed assets Net plant and equipment $325,695 $365,300 Total $250,936 $ 284,706 Total assets $ 387,891 $432,000 Total liabilities and owners' equity $ 387,891 $432,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $336,329 231,000 21.600 Earnings before interest and taxes Interest paid $ 83,729 14,400 Taxable income Taxes (219) $ 69,329 14,559 Net income $ 54.770 Dividends Retained earnings $21,000 33,770 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, 9. 32. 16.) The total asset tumover is times. (Round your answer to 2 decimal places, eg. 32.16.) The equity multiplier is times (Round your answer to 2 decimal places, eg. 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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