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 $ 24,206 $ 25,700 Accounts payable $ 24,784 $ 28,700

Accounts receivable 14,048 16,800 Notes payable 13,000 12,400

Inventory 27,622 28,700 Other 13,171 15,900

Total $ 65,876 $ 71,200 Total $ 50,955 $ 57,000

Longterm

debt $ 85,000 $ 95,000

Owners equity

Common stock and paidin

surplus $ 40,000 $ 40,000

Accumulated retained earnings 230,616 241,000

Fixed assets

Net plant and equipment $340,695 $361,800 Total $270,616 $281,000

Total assets $406,571 $433,000 Total liabilities and owners equity $406,571 $433,000

SMOLIRA GOLF CORP.

2015 Income Statement

Sales $369,230

Cost of goods sold 260,500

Depreciation 47,350

Earnings before interest and taxes $ 61,380

Interest paid 15,900

Taxable income $ 45,480

Taxes (20%) 9,096

Net income $ 36,384

Dividends $ 26,000

Retained earnings 10,384

The company's profit margin is percent. (Use yearend

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.)