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

Some recent financial statements for Smolira Golf Corp. follow.

SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets
Assets Liabilities and Owners Equity
2014 2015 2014 2015
Current assets Current liabilities
Cash $ 24,226 $ 25,900 Accounts payable $ 24,984 $ 28,900
Accounts receivable 14,248 17,000 Notes payable 17,000 12,600
Inventory 27,802 28,900 Other 13,371 17,500
Total $ 66,276 $ 71,800 Total $ 55,355 $ 59,000
Long-term debt $ 124,000 $ 132,000
Owners equity
Common stock and paid-in surplus $ 60,000 $ 60,000
Accumulated retained earnings 169,616 185,000
Fixed assets
Net plant and equipment $ 342,695 $ 364,200 Total $ 229,616 $ 245,000
Total assets $ 408,971 $ 436,000 Total liabilities and owners equity $ 408,971 $ 436,000

SMOLIRA GOLF CORP. 2015 Income Statement
Sales $ 390,477
Cost of goods sold 261,500
Depreciation 50,900
Earnings before interest and taxes $ 78,077
Interest paid 16,100
Taxable income $ 61,977
Taxes (30%) 18,593
Net income $ 43,384
Dividends $ 28,000
Retained earnings 15,384

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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