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Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2017 Assets 2017

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Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2017 Assets 2017 Current assets Cash Accounts receivable Inventory $ 24,216 14,148 27722 2018 $ 25,800 2018 Current liabilities Accounts payable $ 24,884 $ 28,800 16,900 Notes payable 28,800 Other 18,000 13.271 12,500 16,700 Total $66,086 $ 71,500 Total $ 56,155 $ 58,000 Long-term debt $ 86,000 $ 84,888 Owners' equity Common stock and paid-in $ 50,000 $ 50,000 surplus Accumulated retained 215,626 241,112 earnings Fixed assets Net plant and equipment $341,695 $362,500 Total $265,626 $ 291,112 Total assets $ 407,781 $434,000 Total liabilities and owners' equity $ 407,781 $434,000 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (22%) $357,290 241,600 32,400 $ 83,290 16,000 $ 67,290 14,804 $ 52,486 Net income Dividends Retained earnings $27,000 25,486 The company's profit margin is percent rounded to 2 decimal places, e.g., 32.16.) The equity multiplier is percent times. percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a The total asset turnover is Smes (Round your answer to 2 decimal places, eg. 32.16) (Round your answer to 2 decimal places, eg. 32.16) Using the DuPont Identity, the company's ROE s (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, eg. 32.16)

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